Legal&General

LGIM is the investment arm of Legal & General who are the 2nd largest AM in Europe after Blackrock. They are a very reputable firm but one that flies under the rader compared to PIMCO, Blackrock, Vanguard etc. LGIM is more comparable to M&G, Schroders, AXA IM etc. than the aforementioned firms. British AM's tend to be 'slower' than American AM's and don't tend to pay as much as a result, but provide excellent WLB. People tend to get comfortable in their seats as a result and there is not much turnover. As a group they function similar to any other large investment manager with a wide range of divisions in equities, fixed income and alternative investments. LGIM don't seem to have a set grad scheme like the aforementioned firms, with the majority people transferring over to the firm after some years/months working at a different asset manager, which gives them more of a more 'mature' feel. They have a large European (UK predominately) presence, but not a global footprint as a result they are only really well-known in the UK. Overall, they are a good firm, if I were to rank them compared to other AM's, they are middle market rather than industry leading despite the large AUM.