{"id":1219,"date":"2015-08-07T08:28:51","date_gmt":"2015-08-07T08:28:51","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1219"},"modified":"2015-08-07T08:28:51","modified_gmt":"2015-08-07T08:28:51","slug":"legal-general-assets-under-management","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1219","title":{"rendered":"Legal &#038; General: Assets Under Management"},"content":{"rendered":"<p>On Wed 5th August 2015, the FTSE 100 insurance giant, Legal and General [<a href=\"http:\/\/www.legalandgeneral.com\" target=\"_blank\">www.legalandgeneral.com<\/a>] published their half yearly results.<\/p>\n<p>[<a href=\"http:\/\/www.legalandgeneralgroup.com\/media-centre\/press-releases\/2015\/grouppressrelease-2015halfyear-operatingprofitup18netcashup11roe19.html\" target=\"_blank\">http:\/\/www.legalandgeneralgroup.com\/media-centre\/press-releases\/2015\/grouppressrelease-2015halfyear-operatingprofitup18netcashup11roe19.html<\/a>]<\/p>\n<p>Legal and General a pioneer in low cost index tracking funds is now a massive player in the asset management industry.<\/p>\n<p>The results are incredible.<\/p>\n<p>Assets Under Management stand at <strong>\u00a3714.6 Billion.<\/strong><\/p>\n<p>To put that figure into context that is about 50% of the UK Annual GDP.<\/p>\n<p>It&#8217;s major shareholders are:<\/p>\n<p>Blackrock, Inc <strong>5.1%<\/strong> holding<\/p>\n<p>AXA <strong>4.3%<\/strong> holding<\/p>\n<p>The Capital Group Companies <strong>5.0%<\/strong> holding<\/p>\n<p><a href=\"http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=10055&amp;amp;action=\" target=\"_blank\">http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=10055&amp;amp;action=<\/a><\/p>\n<p>A yield of over 4% on the stock for a company that effectively owns over 5% of every UK listed company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wed 5th August 2015, the FTSE 100 insurance giant, Legal and General [www.legalandgeneral.com] published their half yearly results. [http:\/\/www.legalandgeneralgroup.com\/media-centre\/press-releases\/2015\/grouppressrelease-2015halfyear-operatingprofitup18netcashup11roe19.html] Legal and General a pioneer in low cost index tracking funds is now a massive player in the asset management industry. The results are incredible. Assets Under Management stand at \u00a3714.6 Billion. To put that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1219","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1219"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1219\/revisions"}],"predecessor-version":[{"id":1221,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1219\/revisions\/1221"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}