The deal, worth £5.8bn, will double Fidelity’s personal investing customer baseLegal & General has sold its personal investing business worth nearly £6bn to Fidelity, in a deal that will add 300,000 customers to the new owner’s client base.The deal involves £5.8bn in assets under management held in individual savings accounts (Isas), junior Isas and general investment products that are invested in Legal & General Investment Management (LGIM) funds. Continue reading...
from
http://financialnewshub.com/legal-general-sells-its-personal-investing-business-to-fidelity/
No comments:
Post a Comment