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Legal&Gen


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Legal & General Completes £1.1 Bln Full Buy-In With Deutsche Bank Pension Scheme

BRIEF-Legal & General Completes £1.1 Bln Full Buy-In With Deutsche Bank Pension Scheme Oct 29 (Reuters) - LEGAL & GENERAL: LEGAL & GENERAL COMPLETES £1.1 BILLION FULL BUY-IN WITH DEUTSCHE BANK PENSION SCHEME
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Global fund managers sanguine on UK bonds as budget looms

RPT-QUOTES-Global fund managers sanguine on UK bonds as budget looms Repeats with no change to text By Harry Robertson LONDON, Oct 28 (Reuters) - Britain's finance minister Rachel Reeves will deliver the first budget of the new Labour government on Wednesday , two years after then-Prime Minister Liz Truss' tax-cutting plans sparked a crisis in the bond market.
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Global fund managers sanguine on UK bonds as budget looms

QUOTES-Global fund managers sanguine on UK bonds as budget looms By Harry Robertson LONDON, Oct 28 (Reuters) - Britain's finance minister Rachel Reeves will deliver the first budget of the new Labour government on Wednesday , two years after then-Prime Minister Liz Truss' tax-cutting plans sparked a crisis in the bond market. Bond prices fell last week on reports Reeves would tweak the country's fiscal rules to allow more borrowing, but several asset managers, including Pictet and abrdn, reckon
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UK Stocks-Factors to watch on Oct 25

UPDATE 1-UK Stocks-Factors to watch on Oct 25 Adds new items, updates futures Oct 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening h igher on Friday, with futures FFIc1 up 0.1%. * THAMES WATER: Britain's struggling utility Thames Water proposed to extend its liquidity runway, including up to 3 billion pounds ($3.89 billion) of new money in addition to access to cash reserves and debt extensions.
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UK Stocks-Factors to watch on Oct 25

UK Stocks-Factors to watch on Oct 25 Oct 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.02%. * BP: British oil giant BP BP.L said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equity in the solar developer. * LEGAL & GENERAL: British money manager Legal & General LGEN.L has committed up to $200 million of investment into U.S.
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Britain's L&G bets on US real estate as recovery hopes grow

Britain's L&G bets on US real estate as recovery hopes grow LONDON, Oct 25 (Reuters) - British money manager Legal & General LGEN.L has committed up to $200 million of investment into U.S. rental housing, as a growing number of investors bet the country's battered real estate market could be poised to recover. The FTSE 100 company, which manages 1.1 trillion pounds ($1.4 trillion), said it had also made an undisclosed strategic investment in Boston-based Taurus Investment Holdings, a real estate
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Home bias keeps China's dollar bonds supported

Home bias keeps China's dollar bonds supported SINGAPORE, Oct 24 (Reuters) - Dollar bonds issued by Chinese firms have stayed supported through the year, despite market volatility and investors' apathy towards China-linked assets, as mainland businesses plough their stockpile of dollars abroad into such debt. CONTEXT Domestic investors and exporters have been stashing money abroad as a weak economy and low yields at home undermines the yuan CNY=CFXS , setting it on course for a third year of dep
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Bond investors bet UK's Reeves will avoid testing markets at budget

ANALYSIS-Bond investors bet UK's Reeves will avoid testing markets at budget Investors wary ahead of finance minister Reeves' Oct 30 budget Economists predict modest borrowing rise under new debt rules Some analysts see gilts as a buying opportunity Updates Tuesday story with gilt market rally on Wednesday in paras 16, 19-21 By David Milliken and Yoruk Bahceli LONDON, Oct 16 (Reuters) - Britain's borrowing costs have risen before the new government's first budget, which could open the door to a
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Bond investors bet UK's Reeves will avoid testing markets at budget

ANALYSIS-Bond investors bet UK's Reeves will avoid testing markets at budget Investors wary ahead of finance minister Reeves' Oct 30 budget Economists predict modest borrowing rise under new debt rules Some analysts see gilts as a buying opportunity Updates Tuesday story with gilt market rally on Wednesday in paras 16, 19-21 By David Milliken and Yoruk Bahceli LONDON, Oct 16 (Reuters) - Britain's borrowing costs have risen before the new government's first budget, which could open the door to a
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L&G beefs up group management committee as revamp continues

L&G beefs up group management committee as revamp continues LONDON, Oct 16 (Reuters) - Legal & General has promoted Laura Mason to lead its retail division and hired Katie Worgan from Lloyds Banking Group LLOY.L to the newly-created role of group chief operating officer, as a revamp under CEO Antonio Simoes continues. Mason, currently CEO in the insurer's Private Markets unit, will take up her post in December, L&G said on Wednesday.
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Bond investors bet UK's Reeves will avoid testing markets at budget

RPT-UPDATE 1-Bond investors bet UK's Reeves will avoid testing markets at budget Repeats item that first ran on Tuesday Investors wary ahead of finance minister Reeves' Oct 30 budget Economists predict modest borrowing rise under new debt rules Some analysts see gilts as a buying opportunity By David Milliken and Yoruk Bahceli LONDON, Oct 15 (Reuters) - Britain's borrowing costs have risen before the new government's first budget, which could open the door to a big rise in debt sales - but inves
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Bond investors bet UK's Reeves will avoid testing markets at budget

RPT-UPDATE 1-Bond investors bet UK's Reeves will avoid testing markets at budget Repeats item that first ran on Tuesday Investors wary ahead of finance minister Reeves' Oct 30 budget Economists predict modest borrowing rise under new debt rules Some analysts see gilts as a buying opportunity By David Milliken and Yoruk Bahceli LONDON, Oct 15 (Reuters) - Britain's borrowing costs have risen before the new government's first budget, which could open the door to a big rise in debt sales - but inves
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Bond investors bet UK's Reeves will avoid testing markets at budget

UPDATE 1-Bond investors bet UK's Reeves will avoid testing markets at budget Investors wary ahead of finance minister Reeves' Oct 30 budget Economists predict modest borrowing rise under new debt rules Some analysts see gilts as a buying opportunity Adds graphic By David Milliken and Yoruk Bahceli LONDON, Oct 15 (Reuters) - Britain's borrowing costs have risen before the new government's first budget, which could open the door to a big rise in debt sales - but investors are not betting on financ
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Bond investors bet UK's Reeves will avoid testing markets at budget

ANALYSIS-Bond investors bet UK's Reeves will avoid testing markets at budget Investors wary ahead of finance minister Reeves' Oct 30 budget Economists predict modest borrowing rise under new debt rules Some analysts see gilts as a buying opportunity By David Milliken and Yoruk Bahceli LONDON, Oct 15 (Reuters) - Britain's borrowing costs have risen before the new government's first budget, which could open the door to a big rise in debt sales - but investors are not betting on finance minister Ra
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For markets, jury still out on French belt-tightening plan

ANALYSIS-For markets, jury still out on French belt-tightening plan Markets parse proposed 2025 budget Investors expect further budget deficit overshoots Fitch revises outlook on France's AA- rating to negative Updates Friday story with Fitch outlook downgrade in paragraphs 1, 8, 18 By Yoruk Bahceli Oct 14 (Reuters) - Markets are tentatively optimistic France's budget may eventually pass its fractured parliament, but remain sceptical of how quickly the country can tidy up its finances, a worry r
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For markets, jury still out on French belt-tightening plan

ANALYSIS-For markets, jury still out on French belt-tightening plan Markets parse proposed 2025 budget Investors expect further budget deficit overshoots Fitch revises outlook on France's AA- rating to negative Updates Friday story with Fitch outlook downgrade in paragraphs 1, 8, 18 By Yoruk Bahceli Oct 14 (Reuters) - Markets are tentatively optimistic France's budget may eventually pass its fractured parliament, but remain sceptical of how quickly the country can tidy up its finances, a worry r
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For markets, jury still out on French belt-tightening plan

ANALYSIS-For markets, jury still out on French belt-tightening plan Markets parse proposed 2025 budget Investors expect further budget deficit overshoots Fitch to review France's rating after Friday's close By Yoruk Bahceli Oct 11 (Reuters) - Markets are tentatively optimistic France's budget may eventually pass through its fractured parliament, but remain sceptical about how quickly the country can tidy up its finances just as rating reviews kick off later on Friday.
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 8 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Energy transition story rekindles fund interest in metals: Andy Home

RPT-COLUMN-Energy transition story rekindles fund interest in metals: Andy Home Repeats Monday's column with no changes to text By Andy Home LONDON, Oct 7 (Reuters) - The global energy transition was the dominant theme at this year's London Metal Exchange (LME) Week, the annual gathering of the world's metals producers, users and traders. True, the metallic path to net zero is proving much bumpier than expected.
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Energy transition story rekindles fund interest in metals: Andy Home

COLUMN-Energy transition story rekindles fund interest in metals: Andy Home By Andy Home LONDON, Oct 7 (Reuters) - The global energy transition was the dominant theme at this year's London Metal Exchange (LME) Week, the annual gathering of the world's metals producers, users and traders. True, the metallic path to net zero is proving much bumpier than expected.
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