LGIMA Further Expands Distribution Business with Addition of Seasoned Executive Stephen Weiss

Jul 27, 2015, 11:00 ET from Legal & General Investment Management America, Inc.

CHICAGO, July 27, 2015 /PRNewswire/ -- Legal & General Investment Management America, Inc. ("LGIMA"), a registered investment advisor with over $116 billion in assets under management, specializing in fixed income, liability driven investment (LDI), and index strategies for the US pension market, today announced that as part of the ongoing expansion of its Distribution business, Stephen Weiss has joined the company as a Senior Investment Director for the firm's Northeast corporate defined benefit plans, defined contribution plans, and consultants. Mr. Weiss will report directly to Thomas Meyers, Head of North American Distribution.

Mr. Weiss brings more than 25 years of experience in the asset management industry to LGIMA. Most recently, he served as Principal and Senior Client Portfolio Manager at Income Research + Management, where he was responsible for managing client relationships totalling $7 billion in assets, as well as consultant relations and product development. He began his career in financial services at Fidelity Management and Research Company.

"We are extremely excited to have an executive of Stephen's caliber join the LGIMA team. As our business in the US continues to gain momentum, we are committed to pursuing and attracting highly-skilled professionals with the experience necessary to provide excellent service to our clients and drive future growth for our company," said Robert Moore, CEO of LGIMA.

"Stephen has a proven track record of success in asset management," said Meyers. "His diverse background in sales and consultant relations will be a tremendous asset to our North American distribution team. We are excited to have him aboard."

For more information, please visit http://www.lgima.com/.

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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. (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) (LGIMUS(H)) which is wholly owned by LGIM(H).

SOURCE Legal & General Investment Management America, Inc.