Legal & General Group (LGEN)

Sector:

Insurance

Index:

FTSE 100

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266.80p
   
  • Change Today:
    -1.20p
  • 52 Week High: 291.20
  • 52 Week Low: 223.70
  • Currency: UK Pounds
  • Shares Issued: 5,961m
  • Volume: 8,694,870
  • Market Cap: £15,904m
  • RiskGrade: 99
  • Beta: 0.02

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 266.80p
Change Today -1.20p
% Change -0.45 %
52 Week High 291.20
52 Week Low 223.70
Volume 8,694,870
Shares Issued 5,961m
Market Cap £15,904m
Beta 0.02
RiskGrade 99

Legal and General Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.59% above the market average93.59% above the market average93.59% above the market average93.59% above the market average93.59% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
50.12% above the market average50.12% above the market average50.12% above the market average50.12% above the market average50.12% 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
Income
87.88% above the market average87.88% above the market average87.88% above the market average87.88% above the market average87.88% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
55.98% above the market average55.98% above the market average55.98% above the market average55.98% above the market average55.98% 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 8
Buy 0
Neutral 4
Sell 0
Strong Sell 1
Total 13
buy
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
  Final Interim
Ex-Div 25-Apr-19 16-Aug-18
Paid 06-Jun-19 27-Sep-18
Amount 11.82p 4.60p

Trades for 25-Jun-2019

Time Volume / Share Price
17:13 3,377 @ 266.72p
17:13 24,951 @ 266.72p
16:48 42,000 @ 266.87p
16:48 3,000 @ 266.25p
16:35 4,207,598 @ 266.80p

Legal and General Key Personnel

Chair John Kingman
CFO Jeff Davies

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