Explore new flavours for your portfolio. Catch up on our coffee series below
Assets under management*
Members of the team
As this is the first time since the 1980s that inflation has been a challenge, our Asset Allocation team has turned their four steps to navigate inflation in portfolios into a practical inflation toolkit to provide additional support that aims to help protect client portfolios.
Inflation and geopolitics collide
In the latest episode of our Unfiltered series, our multi-asset experts Justin Onuekwusi (Head of Retail Investments, EMEA), Chris Teschmacher (Fund Manager) and Chris Jeffery (Head of Inflation and Rates Strategy) unpack the inflation story, examining what it means for investors and identifying some key considerations for financial advisers navigating this challenging landscape.
Part 1: The problem with inflation
Lacking a crystal ball to guide our inflation views, we must embrace the uncertainty and make pragmatic decisions to deal with all scenarios.
Part 2: The right questions
French anthropologist Claude Levi-Strauss once said that "the wise man doesn't give the right answers, he poses the right questions".
Part 3: When bond theories collide
In the third part of our series exploring the asset-allocation response to inflation, we look at the implications for fixed income.
Part 4: The FX of inflation
In the fourth part of our series exploring the asset-allocation response to inflation, we look at the role of currencies.
Part 5: A tale of three asset classes
John Southall explains the differences between hedging inflation, keeping pace with inflation, and having the chance of a great return should inflation spike.
Part 6: Equities
While inflation’s effects on equities in general can seem relatively straightforward, it can be more difficult to differentiate between the winners and losers from these effects.
The Multi-Index fund range is our flagship multi-asset offering for financial advisers and wealth managers.
These risk-targeted funds are built on four key investing pillars of multi-asset investing: suitability, dynamic asset allocation, diversification and cost effectiveness. These driving forces are integral to delivering efficient multi-Index solutions that aim to meet our clients’ needs.
We target the risk characteristics of the Distribution Technology asset allocation but then build the portfolio based on our own long-term assumptions. We believe our focus on staying within clients’ risk parameter is a differentiating factor for us.
*30 June 2021
Part I - The Concentration Conundrum
The investment risk you may not know you’re taking
The recent rally saw US technology stocks dominate market returns. The investment case for technology may remain, but we believe there is a significant concentration risk that you need to know about, especially if you are a global index investor.
Part II - Fixed Income
In our second Multi-Index Unfiltered virtual coffee break Justin Onuekwusi, Head of Retail Multi-Asset Funds and Chris Jeffery, Head of Inflation and Rates Strategy discussed the current ultra-low interest rate environment, how it affects fixed income and the challenges and opportunities it creates for financial advisers.
Part III - Beware the bear
In this episode Justin Onuekwusi, our Head of Retail Multi-Asset Funds is joined by Emiel van den Heiligenberg, our Head of Asset Allocation and Hetal Mehta, Senior European and UK Economist and together they explore some of the key investment issues for advisers, in particular whether equity markets are in bubble territory and the UK's handling of the pandemic and its future relationship with the EU.
Part IV - Alternative sources of return
In the latest episode of our Unfiltered series, our multi-asset experts Justin Onuekwusi and John Roe poured over how investors caught between rock-bottom yields and high equity valuations can seek alternative sources of return. They also shared their freshly-brewed insights and discussed how they have implemented three key themes within our Multi-Index funds to seek to generate extra sources of return.
Introduction to the three Es of Environmental, Social and Governance (ESG)
Best Multi-Asset Fund Range:
Best Multi-Asset Group
Best Multi-Asset Group/Fund for ESG
When can the UK safely ease the lockdown?
Our analysis suggests that by prioritising people with comorbidities, the UK could be six weeks away from vaccinating the 55% of the population that is most vulnerable to COVID-19, weakening the link between cases and hospitalisations.
Decarbonisation: seeking stratospheric performance
Decarbonisation was one of the biggest themes of 2019 and 2020. Rightly so, we would argue. With the 2021 United Nations Climate Change Conference (COP26) taking place in November, this could be another important year for decarbonisation.
Q3 Outlook: Summertime for investors?
We continue to favour staying long equities, and are prepared to increase our exposure in a dip, as investors bask in the sunshine of a global economy in mid-cycle.
Our Multi-Index fund managers are responsible for managing the Multi-Index fund range. They are part of the Asset Allocation team at LGIM. This team comprises highly-skilled specialists from many disciplines including economists, investment strategists and fund managers who work together to monitor market cycles and the mix of the portfolios, combining robust risk mitigation and strategic asset allocation.
Growth focused funds
We offer five risk-targeted funds for a range of specific investor profiles. The asset allocation of the funds is managed dynamically investing across equities, bonds, alternatives and cash.
Income focused funds
For those seeking income, we offer three funds again catering to different risk profiles. These employ a similar asset allocation, but tilted towards securities paying attractive dividends or coupons.
Future World funds
We offer two funds for clients who want to express a conviction on ESG themes across a broad array of asset classes and strategies.
The value of any investment and any income taken from it is not guaranteed and can go down as well as up, and investors may get back less than the amount originally invested.