Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

260.00p
   
  • Change Today:
    -9.10p
  • 52 Week High: 318.40
  • 52 Week Low: 216.70
  • Currency: UK Pounds
  • Shares Issued: 5,965m
  • Volume: 36,711,949
  • Market Cap: £15,510m
  • RiskGrade: 165

Deutsche Bank and UBS plot asset management merger

By Alexander Bueso

Date: Wednesday 24 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Deutsche Bank and UBS have been discussing for months a possible tie-up between their two asset management arms that would result in the creation of Europe\'s largest investment firm.
One option being studied was for UBS to spin-off its AM unit which would then merge with its German rival\'s DWS business, the Financial Times reported.

Combined, the two would have assets under management of roughly €1.36trn, versus about €1.4trn for the current European leader, France\'s Amundi, and leapfrog the likes of Legal&General.

But they would still be dwarfed by US peers Blackrock and Vanguard, who together had AuM of $11.7trn.

A deal was not guaranteed nor an announcement imminent.

As of 1154 BST, shares of UBS were up by 1.31% a Sfr13.57 and those of Deutsche Bank by 0.55% to €7.65.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Legal and General Market Data

Currency UK Pounds
Share Price 260.00p
Change Today -9.10p
% Change -3.38 %
52 Week High 318.40
52 Week Low 216.70
Volume 36,711,949
Shares Issued 5,965m
Market Cap £15,510m
RiskGrade 165

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
31.55% above the market average31.55% above the market average31.55% above the market average31.55% above the market average31.55% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Income
84.43% above the market average84.43% above the market average84.43% above the market average84.43% above the market average84.43% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
62.36% above the market average62.36% above the market average62.36% above the market average62.36% above the market average62.36% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 6
Sell 1
Strong Sell 3
Total 16
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Legal and General Dividends

  Latest Previous
  Interim Final
Ex-Div 15-Aug-19 25-Apr-19
Paid 26-Sep-19 06-Jun-19
Amount 4.93p 11.82p

Trades for 28-Feb-2020

Time Volume / Share Price
17:11 687,625 @ 259.75p
16:35 9,507,046 @ 260.00p
16:29 4,569 @ 259.20p
16:29 4,721 @ 259.20p
16:29 18,849 @ 259.20p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies
CEO Michelle Scrimgeour

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