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LGIM Names U.K. Equity Income Manager

Legal & General Investment Management has appointed Richard Black to manage its first U.K. equity income fund.

    Legal & General Investment Management(LGIM) has appointedRichard Blackto manage its first U.K. equity income fund,Investment Weekreports. The new portfolio may be launched in the second quarter of 2011.

    Black came to LGIM in 2008 fromOld Mutual Asset Management, where he was a member of the U.K. equity income team. He is currently an analyst on the LGIM’s U.K. equities team.

    Click here for the story fromInvestment Week.

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