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Share Price Information for Legal & General (LGEN)

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Share Price: 250.00
Bid: 250.40
Ask: 250.60
Change: -1.20 (-0.48%)
Spread: 0.20 (0.08%)
Open: 250.80
High: 253.00
Low: 250.00
Prev. Close: 251.20
LGEN Live PriceLast checked at -

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Legal&General to invest in US infrastructure for the first time

Thu, 18th Aug 2016 07:02

(ShareCast News) - Legal & General announced its first foray into the US market for infrastructure investments with a deal in California. The insurance and pensions group would invest $100m to expand the University of California´s campus in Merced County, as part of a larger $660m funding deal involving other investors, The Times reported.Spread over 38 years, the investment will allow the institution to double the size of its campus and thus increase its research and teaching programmes.London-based Legal&General was already in the midst of a long-term £15bn plan to invest in UK projects, of which £8bn had already been carried out.Charles-Henry Lecointe, senior investment manager at the L&G unit responsible for the investment, LGIM Assets, said: "We have built up a strong track record in this space and continue to target transactions backed by economic and social infrastructure as part of Legal & General's wider approach to real estate investments."
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16 Jan 2023 15:48

L&G plans to vote against Capricorn leadership and NewMed merger

LONDON, Jan 16 (Reuters) - Asset manager Legal & General plans to take the rare step of voting to oust energy group Capricorn's senior leadership and halt its planned merger with NewMed, according to a company document seen by Reuters.

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10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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6 Dec 2022 10:26

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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23 Nov 2022 13:32

Investors back call for UK firms to support low-paid workers

Aviva Investors, LGIM among those to join campaign

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21 Nov 2022 10:09

LONDON BROKER RATINGS: Panmure and Goldman Sachs cut boohoo from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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18 Nov 2022 16:58

LONDON MARKET CLOSE: FTSE 100 gains capped by falling oil prices

(Alliance News) - Stock prices in London closed higher on Friday, but falling prices hit oil majors, keeping a lid on the FTSE 100's progress.

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18 Nov 2022 12:18

LONDON MARKET MIDDAY: Stocks pick up and pound firms against dollar

(Alliance News) - Stocks in London were higher by midday on Friday, managing to shake off a gloomy economic backdrop, while the pound got a boost from market acceptance of Thursday's UK government budget.

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18 Nov 2022 09:09

LONDON MARKET OPEN: FTSE 100 looks to end week on high note

(Alliance News) - Stock prices in London opened mixed on Friday, amid economic gloom in the UK, despite new data showing slight improvements in retail sales and consumer confidence.

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18 Nov 2022 08:29

TOP NEWS: Legal & General backs annual profit growth expectations

(Alliance News) - Legal & General Group PLC on Friday said its pension risk transfer business has continued to "perform strongly" with recent new-business wins.

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18 Nov 2022 07:56

LONDON BRIEFING: UK retail sales are better than forecast in October

(Alliance News) - Stock prices in London were called to open slightly higher on Friday, while new data showed UK retail sales performed better than expected last month.

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18 Nov 2022 07:17

Legal & General reiterates guidance amid defined-benefit struggles

(Sharecast News) - Legal & General reiterated its full-year guidance in a trading update on Friday, for operating profit growth in line with the 8% it delivered in the first half, and capital generation of £1.8bn.

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16 Nov 2022 14:25

Britain's insurers become test case for post-Brexit 'unshackling'

LONDON, Nov 16 (Reuters) - The British government and the Bank of England are reforming insurers' capital rules, seen as a post-Brexit test of UK willingness to "unshackle" the City of London after leaving the European Union.

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16 Nov 2022 11:11

Bulkamania: dividend upgrades coming

STOXX 600 down 0.6%

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16 Nov 2022 09:26

LONDON BROKER RATINGS: Berenberg raises Kainos to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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7 Nov 2022 10:01

UK bond turmoil leaves smaller pension schemes with longer-term costs

Smaller schemes may seek more protection with bespoke LDI

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