Q4 2019 results round-up: LGIM AUM up 18%

How did managers finish the decade?

The last three months of 2019 were full of uncertainty for UK investors, culminating in a UK general election which resulted in a landslide victory for the Conservative party. Markets welcomed this outcome, but uncertainties remain.

Here, Investment Week takes a look at how the last months of the year affected the UK investment management businesses and what their outlook for the coming year is. LGIM Legal & General Investment Management's (LGIM) grew its total assets under management by 18% to £1.2trn in 2019, driven by £84.4bn of net inflows and strong market performance. LGIM, which reported on Wednesday (4 March), revealed that its operating profits grew by 4% year-on-year to £423m as revenues grew by 8% to £912m. A large part of the firm's inflows was driven by a "significant contribution from a £37bn p...