Legal & General Investment Management America expands index team
CHICAGO, April 8, 2015 /PRNewswire/ -- Legal & General Investment Management America, Inc. (LGIMA), a Chicago-based registered investment advisor, continues to expand its index team with its most recent hire, David Barron, who joined as a Senior Portfolio Manager. This is a newly created position to support LGIMA's index business, which currently manages over $59 billion in index strategies. Worldwide, Legal & General manages over $455 billion in index assets.
David joins from Northern Trust, where he served as Portfolio Manager, Quantitative Management. Prior to Northern Trust, he worked at BNY Mellon and Harbor Drive Asset Management. His background includes equities and fixed-income investment strategies. David will report to Shaun Murphy, Director of Index Funds.
Shaun Murphy said: "We are delighted to welcome David to the firm, his knowledge and experience will be instrumental as we continue to build our index business and launch our pooled funds later this year."
Chad Rakvin, Head of US Index Funds, said: "Dave's experience working with multiple asset classes is a great fit, giving us the flexibility to deploy his expertise across multiple strategies as the business grows. We are very excited about the work that we have done to create a truly competitive index offering for the US marketplace and the continued expansion of the team shows our commitment to the business."
For more information, please visit http://www.lgima.com/.
Media Contact:
Name: Jacquelyn Wilder
Company: RF Binder
Email: [email protected]
Tel: 212 994 7543
Notes to editors: Legal & General Investment Management America, Inc. (LGIMA) is a Chicago-based registered investment advisor specializing in index, active fixed income and liability driven investment (LDI) strategies for the US institutional market. LGIMA was founded in 2006 as a wholly-owned subsidiary of Legal & General Investment Management (Holdings) Ltd., which also owns its affiliates Legal & General Investment Management Ltd. and LGIM International Ltd. Legal & General's worldwide assets under management are approximately $770 billion. In May 2014, LGIMA became a wholly owned subsidiary of Legal & General Investment Management US (Holdings) (LGIMUS(H)) which is wholly owned by LGIM(H).
SOURCE Legal & General Investment Management America, Inc.
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