We are the Asset Management division of L&G in the US
Built to serve our clients
L&G's Asset Management business is a major global investor across public and private markets, with $1.399 trillion in AUM.1 Our clients include individual savers, pension scheme members and global institutions.
We are present where our clients most need us – from Tokyo, Hong Kong and Singapore to major European financial hubs to Chicago. Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. This reflects L&G’s purpose: ‘Investing for the long term. Our futures depend on it.’
We provide investment solutions from index-tracking and active funds to liquidity and liability-based risk management strategies. Through our private markets business, we utilise our rich heritage and extensive network of partners to offer access to a wide range of purposeful investment opportunities, including specialist real estate, clean energy, infrastructure, venture capital, unlisted equities and private credit.
By combining deep expertise in asset management and origination with global distribution capabilities, we aim to work synergistically with L&G’s Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns.
1. Source: L&G internal data as of December 31, 2024. The AUM disclosed aggregates the assets managed by L&G in the UK, US, and Hong Kong (2018-2019 only) and Singapore from July 2023. Excludes assets managed by associates (Pemberton, NTR, BTR).
We partner with US institutions
With deep and experienced investment teams built on a culture of commitment to client service, investment excellence, and custom solutions, we strive to solve clients’ toughest challenges.
Most public and multi-employer plans are looking for innovative ways to close their funding gaps, reduce fees, and increasingly use their assets to make a positive difference in society and in long term investment results. We are working with clients on choosing low-cost indexing strategies that we believe are the best fit for their plan needs. In addition, some clients are seeking to replace active equity managers or complement market capitalization weighted index exposure with diversifying factor-based index strategies. These strategies are a low-cost alternative that we believe can enhance overall risk/reward profiles for many plans. We are also working with clients on innovations in more liability aware fixed income portfolios that we believe better manage short term cash flow needs while also improving the efficiency of their return seeking assets. Often these solutions include multi-asset overlays that help clients maintain desired policy allocations, hedge tail risks and seek to add value through tactical asset allocation decision-making.
While many corporate DB plans face similar challenges, our experience shows that each one has unique perspectives, needs, and objectives. We work with clients to help them envision and pursue their desired DB pension “endgames.” Over the past decade, we have seen clients follow a path of reducing funding ratio risk by adopting long duration credit benchmarks, implementing custom liability-driven programs and using sophisticated risk management overlays to achieve their endgame objectives. In some cases, this endgame has meant building an active long-duration, low-turnover portfolio whose cash flows are designed to closely track the expected benefit payments of the plan in the future. These solutions are particularly attractive to plans with a goal of long-term self-sufficiency, or even with an endgame goal of pension risk transfer. To round out our range of solutions, we launched our private credit capabilities in 2017, that can provide a yield and diversification enhancement for solutions that don’t need the liquidity of the public credit markets.
* L&G – Asset Management, America is the affiliate of London-based L&G – Asset Management. Pensions & Investments online. Largest Money Managers 2024 | Pensions & Investments (pionline.com). Rankings are calculated using AUM of December 31, 2023. No compensation was provided to P&I for consideration in the ranking process. This ranking does not imply that LGIM America will or has been successful in its product offerings or services.
** L&G internal data as of December 31, 2024. The AUM disclosed aggregates the assets managed by L&G in the UK, US, and Hong Kong (2018-2019 only) and Singapore from July 2023. Excludes assets managed by associates (Pemberton, NTR, BTR).
*** L&G – Asset Management, America is the affiliate of London-based L&G – Asset Management, one of Europe’s largest institutional asset managers and a global investor, with a heritage dating back to 1836.