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LGIM launches Secure Income Assets Fund for professional UK Defined Benefit pension schemes

Legal & General publishes on its website:

“Legal & General Investment Management (LGIM) has launched a range of Secure Income Asset Solutions for investors seeking income over the longer term.

The Legal & General Secure Income Assets Fund has an open-ended pooled structure subject to a lock-in period. The fund is designed for professional UK defined benefit pension schemes looking for stable, long-term cashflows by targeting return of gilts +2.5% per annum over a rolling three-year period, from a diversified portfolio of secure income assets, including infrastructure debt, real estate debt and private corporate debt.”

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