Legal & General Investment Management America grows Index Fund Team

Nov 02, 2015, 11:00 ET from Legal & General Investment Management America, Inc.

CHICAGO, Nov. 2, 2015 /PRNewswire/ -- Legal & General Investment Management America, Inc. (LGIMA), a Chicago-based investment advisor specializing in fixed income, liability driven investment (LDI) and index strategies for the US institutional market, today announced that Greg Behar has joined as Head of Index Investment Strategy. In this newly created position, Behar will report directly to Shaun Murphy, Head of US Index Funds. This addition follows a series of key hires and promotions within LGIMA's index business, which currently manages more than $59 billion in index strategies.

Behar brings 17 years of experience in developing innovative investment solutions, thought leadership, and serving institutional investors globally. Prior to joining LGIMA, Behar served as Senior Vice President, Global Equity at Northern Trust Global Investments, where he was responsible for driving business growth of a $450 billion equity platform. Earlier in his career, he held similar roles at Deutsche Asset Management, collaborating with institutional investors to develop strategies targeted to their unique investment objectives.

"We look forward to leveraging Greg's experience across the investment spectrum, from market cap weighted index investments to more custom and complex factor based strategies," said Murphy. "His expertise will be crucial as we continue to gain momentum and uphold our dedication to delivering a truly differentiated index offering."

As Head of Index Investment Strategy, Behar will be based in Chicago and responsible for overseeing and delivering thought leadership that is tailored to the institutional marketplace. The investment research he provides will play an important role in LGIMA's index management offering and his consultative approach will have a direct impact on how clients gain efficient and thoughtful exposure to multiple asset classes.

For further information, please contact:

Name: Jacquelyn Wilder
Company: RF Binder
Email: Jacquelyn.Wilder@rfbinder.com
Tel: 212 994 7543

About LGIMA: Legal & General Investment Management America, Inc. (LGIMA) is a Chicago-based registered investment advisor specializing active fixed income, liability driven investment (LDI) and index strategies for the US institutional market. LGIMA was founded in 2006 as a wholly-owned subsidiary of Legal & General Investment Management (Holdings) Ltd. (LGIM(H)), 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), Inc. (LGIMUS(H)) which is wholly owned by LGIM(H).

SOURCE Legal & General Investment Management America, Inc.