Legal & General Group Plc (LGGNY)
- Bloomberg
Legal & General Divests From U.S. Insurer AIG Over Climate Policies
(Bloomberg) -- Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming they’re making insufficient progress on addressing climate change risks.The U.K. asset manager said in a statement on Tuesday it will also divest investments in Industrial & Commercial Bank of China Ltd., Pennsylvania-based utility PPL Corp. and China Mengniu Dairy Co. The companies either provided “unsatisfactory responses’’ to LGIM's cl
- Simply Wall St.
What Is The Ownership Structure Like For Legal & General Group Plc (LON:LGEN)?
The big shareholder groups in Legal & General Group Plc ( LON:LGEN ) have power over the company. Large companies...
- Reuters
UPDATE 1-Investor Legal & General backs activist in Exxon proxy battle
Britain's biggest asset manager, Legal & General, on Tuesday said it will vote for an activist hedge fund's board slate at Exxon Mobil's shareholder meeting later this month, fueling a pitched fight over the oil major's future. Top U.S. oil producer Exxon is battling hedge fund Engine No. 1 over four seats on its 12-member board and the direction of the company. The fund has criticized Exxon's poor returns, spending on fossil fuels and lack of clear plans for the energy transition.
