Legal & General Investment Management announces the appointment of Robert J. Moore as Chief Executive Officer of its US affiliate, Legal & General Investment Management America
Legal & General Investment Management is pleased to announce that Robert J. Moore has been appointed as Chief Executive Officer of its US affiliate, Legal & General Investment Management America, Inc (LGIMA). Mr. Moore, who has most recently been President, LPL Financial, will take up his new role in early April and will be based in Chicago reporting to Mark Zinkula, Chief Executive Officer of Legal & General Investment Management.
Robert Moore succeeds Mike Craston who has served as Chief Executive Officer of LGIMA since 2011.
Mark Zinkula commented: “We are extremely excited for Robert to lead our North American operations and apply his extensive industry experience as we continue to grow our business and remain a market leader. Robert has served as one of our independent directors for the past six years and has a true passion for the relationships we have built and the innovative solutions we bring to the North America market. He joins a strong team that is well positioned for sustainable growth."
LGIMA manages institutional assets of £85.3 billion*, part of LGIM’s worldwide total assets of £708.5 billion as at 31 December 2014. LGIMA has delivered a strong track record of growth since it was established in 2006. The team has successfully grown its LDI and Fixed Income market share in the corporate pension space and is now building its index capabilities and expanding into the DC market.
"Joining LGIMA is an exceptional opportunity to lead a talented team and shape the future of a thriving global asset management firm," Mr. Moore explained. "The proven track record of delivery and access to global resources is distinctive at a time when pressing needs for addressing retirement planning and savings are of utmost importance."
*Includes advisory assets of £14.8bn, which represent the assets on which Global Index Advisors (GIA) provide advisory services.
NOTES TO EDITORS
LEGAL & GENERAL INVESTMENT MANAGEMENT:
Legal & General Investment Management (LGIM) is one of Europe’s largest institutional asset managers and a major global investor. LGIM manages £708.5 billion in total assets for more than 3,000 clients*. Throughout the past 40 years we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across a full spectrum of asset classes including equities, fixed income, commercial property and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.
*As at 31 December 2014
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