{"id":493,"date":"2014-03-19T08:06:18","date_gmt":"2014-03-19T08:06:18","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=493"},"modified":"2014-03-19T08:13:30","modified_gmt":"2014-03-19T08:13:30","slug":"the-significance-of-legal-and-general-investment-management","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=493","title":{"rendered":"The Significance of Legal and General Investment Management"},"content":{"rendered":"<p>LGIM is the fund management arm of Legal and General, the FTSE-100 insurance giant, led by the careful stewardship Dr. Nigel Wilson. [<a title=\"L&amp;G\" href=\"www.legalandgeneral.com\" target=\"_blank\">www.legalandgeneral.com<\/a>]<\/p>\n<p>[<a title=\"L&amp;G Fundamentals\" 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><strong>\u00a3452 billion<\/strong> is the number of funds under management.<\/p>\n<p>[<a title=\"Shareholder Report\" href=\"http:\/\/files.shareholder.com\/downloads\/LGEN\/1718128473x0x730641\/f4575381-0f5a-4352-ac44-0624aad891ce\/LGENprelims2013.pdf\" target=\"_blank\">http:\/\/files.shareholder.com\/downloads\/LGEN\/1718128473x0x730641\/f4575381-0f5a-4352-ac44-0624aad891ce\/LGENprelims2013.pdf<\/a>]<\/p>\n<p>To put that into context, <strong>UK annual GDP is \u00a31,462 Billion<\/strong>. Thus funds under investment management at Legal and General equate to <strong>31% of UK annual GDP<\/strong>.<\/p>\n<p>Legal &amp; General is one of the largest investors in the UK stock market with over 4% of the FTSE All-share Index. That means <strong>they own 4% of nearly every UK listed company<\/strong>. It is an incredible statistic.<\/p>\n<p>It is easy to understand why when one read the corporate mission statement of &#8220;Every Day Matters&#8221;, when one is looking after \u00a3452 billion, or 4% of every UK company, it is a responsibility that is taken exceptionally seriously, and thus it&#8217;s true, <strong>Every Day Matters<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LGIM is the fund management arm of Legal and General, the FTSE-100 insurance giant, led by the careful stewardship Dr. Nigel Wilson. [www.legalandgeneral.com] [http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?csi=10055&amp;amp;action= \u00a3452 billion is the number of funds under management. [http:\/\/files.shareholder.com\/downloads\/LGEN\/1718128473x0x730641\/f4575381-0f5a-4352-ac44-0624aad891ce\/LGENprelims2013.pdf] To put that into context, UK annual GDP is \u00a31,462 Billion. Thus funds under investment management at Legal and General equate [&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-493","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\/493","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=493"}],"version-history":[{"count":5,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/493\/revisions"}],"predecessor-version":[{"id":498,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/493\/revisions\/498"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}