Asset Manager

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Legal & General Group

Legal & General Group Plc is a leading UK multinational financial services group and major global investor, founded in 1836. It operates three synergistic core...

Legal & General Group

Legal & General Group Plc is a leading UK multinational financial services group and major global investor, founded in 1836. It operates three synergistic core businesses—Asset Management, Institutional Retirement, and Retail—focused on long-term investment, pension risk transfer (PRT), workplace savings, annuities, and protection solutions (per Annual Report and Accounts 2025 and About Us page). Asset Management, a major global investor, reported total assets under management of £1,197 billion as at 31 December 2025 (up 5% year-on-year), including £75 billion in Private Markets (up 32%) and £496 billion in responsible investment strategies (per 2025 Full Year Results press release and analyst pack dated 11 March 2026, and investor centre). The Group wrote £11.8 billion of global PRT in 2025 and delivered core operating profit of £1,623 million (up 6%), with Solvency II operational surplus generation of £1.53 billion and a pro forma coverage ratio of 210% (per FY 2025 Results). Headquartered at One Coleman Street, London, L&G emphasizes capital discipline, business simplification, and shareholder returns via dividends and buybacks, guided by its purpose “Investing for the long term. Our futures depend on it.” It serves institutional clients, pension schemes, and retail customers worldwide while investing in housing, infrastructure, and regeneration projects.

General information

Firm type

Generalist

Year founded

1836

AUM

$1.61T (YE 2025)

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Principals

Scott Wheway

Chair

António Simões

Group Chief Executive Officer

Andrew Kail

Group Chief Financial Officer

Eric Adler

Chief Executive Officer, Asset Management

Laura Mason

Chief Executive Officer, Retail

Gareth Mee

Chief Executive Officer, Institutional Retirement

Sector focus

Real EstateInfrastructurePrivate CreditEnergy Transition & RenewablesHedge Funds

Frequently asked questions

What is Legal & General Group's most recent assets under management (AUM)?

Asset Management AUM stood at £1,197 billion as at 31 December 2025 (approximately $1.61 trillion at year-end FX rates), including £75 billion in Private Markets.

When was Legal & General Group founded?

Legal & General was established in 1836 in London by six lawyers as a life assurance society.

Who is the current Group Chief Executive Officer?

António Simões serves as Group Chief Executive Officer.

What are the core businesses of Legal & General Group?

The Group operates three core businesses: Asset Management (global investor across public and private markets), Institutional Retirement (pension risk transfer and related solutions), and Retail (workplace pensions, annuities, and protection).

Where is Legal & General Group headquartered?

The registered office and headquarters are at One Coleman Street, London, EC2R 5AA, United Kingdom.

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