L&G’s £80b retirement fund increases Asia exposure
London-based Legal & General Retirement Institutional views the region favourably from a macroeconomic and political perspective, says its head of investment solutions.
The UK's Legal & General has a small proportion of its £80 billion ($103 billion) institutional retirement portfolio invested into Asian assets, but that exposure is rising, with the British insurance and savings giant taking a favourable view of the region’s prospects.
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