Legal & General Investment Management America (LGIMA) is a key player in the US investment management industry. Headquartered in Chicago, LGIMA manages assets across a wide range of asset classes for institutional and retail clients. With expertise across equity, fixed income and real assets, LGIMA has grown to become one of the top 30 largest asset managers in the US. This article will analyze LGIMA’s business scope, market position and growth strategy in the US investment management sector.
LGIMA’s business scope covers various asset classes
LGIMA provides investment solutions across equities, fixed income, real assets, liquidity and multi-asset strategies. This diverse product suite allows LGIMA to meet the needs of different institutional investors such as pension funds, sovereign wealth funds, insurers and corporations. A key strength of LGIMA is its ability to leverage the expertise and resources of its parent company Legal & General Investment Management, one of Europe’s largest asset managers.
With over $200 billion in AUM, LGIMA is a top 30 US asset manager
As of end 2022, LGIMA managed over $200 billion in assets, making it one of the top 30 largest asset managers in the US. LGIMA has seen rapid growth in recent years, with its assets under management nearly doubling since 2018. This growth has been fueled by strong investment performance across its strategies as well as growing client demand.
LGIMA aims to further grow through ETFs and solutions capabilities
Going forward, LGIMA aims to continue growing its presence in the US by leveraging parent L&G’s scale in areas such as index funds and ETFs. LGIMA also plans to expand its solutions capabilities to deliver outcome-oriented products tailored to client objectives.
In summary, Legal & General Investment Management America has established itself as a leading investment manager in the US across various asset classes. With expertise honed over decades of managing assets in Europe, LGIMA is well-placed to keep growing its business by meeting the needs of US institutional and retail investors.