Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

242.60p
   
  • Change Today:
    -0.90p
  • 52 Week High: 253.50
  • 52 Week Low: 214.70
  • Currency: UK Pounds
  • Shares Issued: 5,790m
  • Volume: 27,431,562
  • Market Cap: £14,046m
  • RiskGrade: 166
  • Beta: 0.01

L&G appoints new head of asset management

By Benjamin Chiou

Date: Tuesday 24 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Legal & General has nabbed the head of Prudential Financial's investment management business to lead its new Asset Management arm.
Eric Adler, who has only been in his current role at US-listed Prudential Financial for 12 months, will join L&G in December to spearhead growth plans for its asset manager.

The appointment follows the company's announcement in June that it is bringing together its public and private markets businesses as a unified global asset manager, which holds more than £1.1 trillion in assets.

Prior to joining Prudential Financial's asset manager PGIM, Adler was CEO for PGIM Real Estate, chair of private equity and head of its European business. Before joining PGIM in 2010, he was co-head of Tishman Speyer Europe.

"In June we set out our ambition to deliver sustainable growth, sharper focus and enhanced returns as a simpler, better-connected L&G. Asset Management is the cornerstone of our growth strategy, and highly synergistic with our Institutional Retirement and Retail businesses," said L&G chief executive António Simões.

"In a competitive global search, Eric stood out for his growth orientation - bringing a track record of building businesses alongside broad investment expertise, deep international experience, and a strong client focus. I am delighted to be welcoming him to the group."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Legal and General Market Data

Currency UK Pounds
Share Price 242.60p
Change Today -0.90p
% Change -0.37 %
52 Week High 253.50
52 Week Low 214.70
Volume 27,431,562
Shares Issued 5,790m
Market Cap £14,046m
Beta 0.01
RiskGrade 166

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.85% above the market average83.85% above the market average83.85% above the market average83.85% above the market average83.85% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
42.95% above the market average42.95% above the market average42.95% above the market average42.95% above the market average42.95% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income
86.36% above the market average86.36% above the market average86.36% above the market average86.36% above the market average86.36% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Growth
37.55% below the market average37.55% below the market average37.55% below the market average37.55% below the market average37.55% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 4
Sell 2
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Legal and General Dividends

  Latest Previous
  Final Interim
Ex-Div 24-Apr-25 22-Aug-24
Paid 05-Jun-25 27-Sep-24
Amount 15.36p 6.00p

Trades for 28-May-2025

Time Volume / Share Price
17:27 30,271 @ 242.76p
17:27 18,318 @ 242.76p
17:27 25,225 @ 242.76p
16:49 1,500,000 @ 243.13p
16:35 10,447 @ 242.60p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies

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