Legal & General Investment Management is looking to boost its fund range with a number of new launches, starting with a bond index tracker.
The first launch is set to be the Global Inflation Linked Bond Index fund, as part of the expansion of its existing range of index tracking funds. The index fund range consists of 13 products, including the Legal & General UK, International and Index Linked Gilt Index Trusts. A spokesperson for the group said: “We are looking to launch a number of funds depending on the interest we see from investors. “They will not all necessarily be index funds, but it is unsurprising that the first one will be an index tracker, given our strong existing range of index funds.” The new bond ind...
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