Legal and General Aims to Double Asia Assets to 500 Billion
CEO Antonio Simoes aims to double Asian assets to 500 billion dollars by 2028. The firm is targeting wealth markets to drive its international expansion.
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The United Kingdom's largest asset manager, LEGAL & GENERAL GROUP PLC, is targeting a significant expansion in Asia, aiming to double its assets under management in the region to approximately $500 billion. CEO Antonio Simoes, speaking in Hong Kong, identified the region as the group's fastest-growing international market and a cornerstone of its global growth strategy.
