UK - Legal & General Investment Management has leapt to the top of the the Hymans Robertson league table for UK pension fund managers. In the firm's annual "Big 50" report, L&G managed £64.775bn of pension money compared to Merrill Lynch Investment Managers with £64.649bn and Barclays Global Investors with £62.376bn.
Last year MLIM came top with L&G third largest manager of UK pension funds. L&G managing director of corporate pensions Chris Robinson said the success was due mainly to L&G’s passive approach. He...
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