Investment Outlook
Will a Labor Market in Motion Stay in Motion?
After a prolonged period of restrictive monetary policy, the Fed finally sees its impact on the economy as the tight labor market loosens, inflation moderates more quickly towards target and growth no longer runs above trend.
About us
LGIM America exists to help people achieve their long-term financial goals and to make a difference in their lives, industries and communities. As a Chicago-based registered investment advisor with $214.7 billion in assets under management as of June 30, 2024, we are proud of our commitment to partner with clients. We specialize in the design and management of investment solutions for the US institutional market that address three primary concerns: stabilizing pensions, income for life and sustainable solutions.
Our capabilities
Insights
Real Estate Pulse - Excess Supply Delaying CRE Upturn
The lagging investment performance of property is clearly apparent in the first quarter report for the unlevered NCREIF index. Despite solid economic growth and stronger than expected employment, first-quarter NCREIF data shows continuing deterioration in unlevered property total return, but, at a significantly more subdued rate versus Q4 2023.
Blog: The Liquidity Advantage of IG Private Credit
The perception of illiquidity in IG private credit is driven by the extreme demand from long-term buy and hold investors and most limitations on liquidity stem from bondholders lacking an interest in selling—stated simply, it is easy to sell but very difficult to buy.
Blog: SDOFI Takes the Cake in Today’s Fixed Income Regime
In the last two years the Fed increased rates at the fastest pace in 40 years, which has led to a challenging environment for fixed income returns. However, our Short Duration Opportunistic Fixed Income (SDOFI) strategy is designed to preserve capital and produce positive returns across multitude of environments, where it has been in line with expectations since 2009.
News and media
Nasdaq TradeTalks: The Direction of the US Economy
Anthony Woodside, CFA, FRM, Head of Multi-Sector Fixed Income & Investment Strategy, sat down with Jill Malandrino on Nasdaq TradeTalks to discuss the direction of the US economy and implications to consider in a higher-for-longer rate and inflation environment.
The Journal of Portfolio Management Features Revanta Pawar
In the article, Revanta Pawar, Portfolio Manager in the Portfolio Solutions group, describes a new framework for isolating the contribution to a given portfolio metric – volatility, for instance – of each of the constituent asset-time period pair building blocks that informs its measurement.
2023 CIO Industry Innovation Award - Public Fixed Income
CIO has selected LGIM America as the 2023 Industry Innovation Award winner for Public Fixed Income. The CIO awards centered on allocators driving change and enhancing institutional fund performance and the service providers driving innovation in institutional investing.1
Climate Impact Pledge
We believe climate change is an important systemic risk to our clients’ portfolios. Since 2016, we have encouraged companies to transition to a net-zero economy through our Climate Impact Pledge. Today, we launch our eighth annual report, which outlines how we have been supporting companies in scaling up their climate ambitions and engaging to drive positive change.
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1. Chief Investment Officer, 2023 Asset Management & Service Providers survey. Nominees are anonymously submitted by their peers across the industry. Finalists and winners are chosen from the nominee pool by the CIO editorial team in conjunction with an advisory board of former and current CIOS. LGIMA did not compensate CIO for its award. https://www.ai-cio.com/news/cio-announces-2023-industry-innovation-award-winners. This award does not imply that LGIMA will or has been successful in its product offerings or services.
2. P&I listed LGIMA as one of the “Best Places to Work in Money Management” for 100-499 employees. LGIMA did not compensate Pension & Investments for this award. More detailed information regarding the survey methodology and tabulation of results can be found at: https://lnkd.in/esgadGYu.
This material is intended to provide only general educational information and market commentary. Views and opinions expressed herein are as of the date set forth above and may change based on market and other conditions. The material may not be reproduced or distributed. The material is for informational purposes only and is not intended as a solicitation to buy or sell any securities or other financial instrument or to provide any investment advice or service. Legal & General Investment Management America, Inc. does not guarantee the timeliness, sequence, accuracy or completeness of information included. Past performance should not be taken as an indication or guarantee of future performance and no representation, express or implied, is made regarding future performance.
Certain of the information contained herein represents or is based on forward-looking statements or information, including descriptions of anticipated market changes and expectations of future activity. Forward-looking statements and information are inherently uncertain and actual events or results may differ from those projected. Therefore, undue reliance should not be placed on such forward-looking statements and information. There is no guarantee that LGIM America's investment or risk management processes will be successful.