LGIM rakes in £60bn in H1; SLA outflows slow to £15.9bn

clock • 3 min read

LGIM has attracted external net inflows of £60.3bn in the first half of 2019, more than quadrupling its takings for the same time last year of £14.6bn, as Asian clients poured money into its index products.  Overall, international business contributed £44.6bn to flows, including a £37bn passive mandate with the Japan Government Pension Investment fund, pushing international assets up 50% to £343bn.  European net flows were £4.9bn, up from £400m in H1 2018, but LGIM's offering was less popular with US clients, who contributed £2.6bn, down from £8.3bn in H1 last year. The UK retail busi...

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