About LGIM

The global asset manager of
Legal & General

*Source: LGIM internal data as at 30 June 2024. The AUM disclosed is shown on the basis of client direct investments and excludes any double count from fund of fund holdings. The AUM includes the value of securities and derivatives positions.

Our purpose is rooted in three key principles:

Partnership

We work with our clients to achieve positive long-term outcomes

Expertise

We have industry-leading expertise that draws strength from diversity

Responsibility

We are a responsible investor, rising to the challenges of a rapidly changing world

Our responsible investment beliefs

Returns

We believe responsible investing is essential to improve long-term returns, unearth opportunities and mitigate risks by fostering sustainable markets and economies.

Responsibility

We have a responsibility to many stakeholders. When we allocate capital, we conduct extensive research into potential environmental and societal outcomes

Materiality

ESG factors are financially material, albeit not all to the same degree. And patience is required, because the time horizons of ESG outcomes and investment returns are not always aligned

Engagement

Engagement with consequences is the best way to deliver long-term, systemic change on a global scale

 1970 
 Legal & General Investments (which later became LGIM) is established and starts to manage assets for pension funds, institutional and private clients 
 2015 
 LGIM cements its position as largest UK asset manager, with over $1 trillion AUM (£746 billion)* 
 2020 
 LGIM is rated top for responsible investment compared to world’s 15 largest asset managers by ShareAction 

*Source: LGIM as at 31 December 2015. The AUM disclosed aggregates assets managed by LGIM in the UK and LGIMA in the US and includes the value of securities and derivatives positions.

Targeting long-term responsible investing goals

In partnership with, and on behalf of, our clients we target a broad range of ESG objectives. These include:

Reaching net-zero greenhouse gas emissions by 2050 or sooner across all assets under management
Setting an interim target of 70% of eligible AUM to be managed in alignment with this net-zero ambition by 2030
Achieving net-zero carbon across our real estate portfolio by 2050 [1]

LGIM, as at May 2024. For further information on our responsible investing goals, please visit our Active Ownership page

[1] For this first interim target, unveiled as part of the Net Zero Asset Manager initiative, LGIM has excluded Government securities and Derivative assets due to lack of clear industry methodologies to account for these asset classes to date.

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested. Past performance is no guarantee of future results.

Whilst LGIM has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.

The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing in this fund is available in the prospectus at. http://www.lgim.com/fundcentre