Legal and General

This week, managers explain which moves have helped their performance in 2012.

Richard Colwell, manager of the Threadneedle UK Equity Income fund, discusses the current state of the UK market and the outlook for the next 12 months.

Legal & General Investments' Frank McGarry is leaving the business, Investment Week understands.

Legal & General Investments (LGI) is set to launch an index fund linked to the highest quality issues in the sterling corporate bond market at the end of the month.

Investors' ongoing fears over the state of the global economy will continue to support bond fund demand in the short term, overshadowing concerns from the regulator they could exit en masse, managers have said.

Legal & General Investment Management said today its profits had risen to £119m in the first half of 2012, after assets under management climbed 3% to £381bn.

REGULATION

Simon Ellis, managing director of Legal & General Investments, outlines his views on the future of categorising absolute return funds.

A number of fund providers are supporting the split of the Absolute Return sector into sub-categories based on strategy, which could see many vehicles in the Unclassified and Specialist sectors moved into the new groupings.

Simon Ellis, managing director at Legal & General Investments, explains why investors are wrong to view index funds purely as capital growth plays.