Legal & General Share News (LGEN)

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

Smaller schemes may seek more protection with bespoke LDI

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Top asset managers put new exit restrictions on $9.3 bln UK property funds

LONDON, Nov 3 (Reuters) - Two of Britain's largest asset managers are deferring withdrawals from funds managing 8.3 billion pounds ($9.28 billion) of UK property, the companies told Reuters on Thursday, in fresh signs of deteriorating sentiment towards UK real estate.

More Capricorn shareholders speak out against NewMed deal

LONDON/NEW YORK, Nov 2 (Reuters) -

LONDON BROKER RATINGS: Kepler Cheuvreux starts Haleon at 'hold'

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

UK fund manager Schroders LDI assets fall by 20 bln stg

Schroders AUM declines by 2.7%, Solutions unit AUM falls by 9%

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How are life insurers coping in LDI storm?

LONDON, Oct 13 (Reuters) - The focus of a gilt market storm has been around pension schemes' use of liability-driven investments (LDI), many of which are highly leveraged.

What is LDI? Liability-Driven Investment strategy explained

LONDON, Oct 12 (Reuters) - The Bank of England has intervened multiple times in the UK government bond market in the last fortnight to rein in gilt yields, which rocketed after Britain unveiled a welter of tax cuts to be funded by borrowing on markets.

Bank signals readiness to extend bond buying if needed - FT

(Sharecast News) - The Bank of England may extend its backstop programme for the UK government bond market past its 15 October deadline, the Financial Times reported, citing people briefed on the discussions.

Sector movers: Life insurers pace losses, BoE says 'you've got three days'

(Sharecast News) - Life insurers were at the bottom of the pile on Tuesday amid continued selling pressure in longer-term Gilts that forced the Bank of England to intervene for the second time in three days.

FTSE 100 falls for fifth session, eyes on BoE moves to stem bond rout

Banks, insurers among the biggest decliners

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LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

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

CBRE joins other UK property funds in deferring payments

LONDON, Oct 5 (Reuters) - CBRE Investment Management has deferred redemption payments on its UK property fund due to market conditions, it said on Wednesday, joining several other funds taking similar steps to avert a cash crunch following recent turmoil in UK money markets.

UK shares record best day in months; Greggs surges on higher sales

FTSE 100 up 2.6%, FTSE 250 adds 3.1%

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Some UK property funds defer investor withdrawals

LONDON, Oct 4 (Reuters) - Some of Britain's top open-ended property funds are rolling out new measures to manage investor exit requests, as challenges in meeting redemptions continue to rise amid a sell-off in some UK risk assets.

LONDON MARKET MIDDAY: Investors hopeful rate hike speed will slow

(Alliance News) - European equities traded sharply higher on Tuesday morning, with investors optimistic that central banks will temper the pace of interest rate hikes, following less-than-stellar factory data from the across the globe.