At an investor event today (17 June), L&G’s asset management CEO, Eric Adler, who joined the firm late last year, said the company has been focusing on the “need for greater scale in private markets capabilities”.
Adler and L&G’s CEO, António Simões, doubled down on their existing commitment to grow the firm’s private markets assets under management (AUM) to £85bn by 2028, from its £57bn level at the end of the most recent financial year.
Legal & General to cut jobs in revamped asset management arm
The asset manager CEO explained that L&G intends to do this by scaling its UK real…
Read the full article here
