Legal and General

Misselbrook stepping down after four years

Unclear on job moves

In the immediate aftermath of the EU referendum, the spotlight fell on UK property and those who invest in it, writes Michael Barrie, director of fund management - property, at Legal & General Investment Management.

Total AUM £841.5bn at end of June

Met all post-Brexit redemption requests

The UK economy has provided a relatively supportive backdrop for the consumer over the past year, who have benefitted from jobs growth, cheaper oil, and a near-zero inflationary environment.

Lowest TER now 5bps

Follows calls from Schroders

Reflects costs of running fund

Stronger retail showing