Legal and General Investment Management

www.lgim.com
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Legal and General Investment Management Reviews

Updated August 4, 2015
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2.8
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Legal and General Investment Management CEO Mark Zinkula
Mark Zinkula
2 Ratings

Employee Reviews

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  1. Front office analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in London, England (UK)
    Former Employee - Analyst in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company to work for. Relatively relaxed atmosphere and mostly friendly colleagues Good opportunities for moves between departments Stable job

    Cons

    UK centric so limited opportunities to move abroad although the US department is growing rapidly now (Chicago office). Although one of the biggest Asset Managers in the UK not many people now the company

    Advice to Management

    Keep up the great work Inject the business with young and dynamic leaders Start being a driver of the market rather than a follower (it is something you have been doing recently and I think it's great)


  2. Helpful (1)

    Generally LGIM is a good company and environment to work in, office based close to Moorgate tube in London.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - IT Consultant in London, England (UK)
    Former Contractor - IT Consultant in London, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Legal and General Investment Management as a contractor (More than 3 years)

    Pros

    Perks, benefits: The people are friendly and the place has a big family atmosphere. Modern air conditioned office that has a large decent ground floor canteen area, and shower changing facilities useful for cyclists and joggers. Each floor has decent kitchen facilities - free tea, coffee and filtered water and big fridges. Good travel links - next to Moorgate tube. Leadership has changed over recent years, not all for the better unfortunately IMHO.

    Cons

    There has been a lot of change in recent years, with a gradual replacement of senior and middle managers. With many of the long term senior LGIM people retiring or being pushed out, and replaced mainly by former BGI senior people.

    Advice to Management

    Unfortunately too much change happened too quickly in recent years and good people/systems not recognised or appreciated. This has had a big negative effect on the morale of the people still there. Management need to work hard a rebuilding the morale and trust of their people.


  3. Blue chip resting too much on its laurels!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Cient Services in London, England (UK)
    Former Employee - Cient Services in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Legal and General Investment Management full-time (More than a year)

    Pros

    One of the top asset manager globally - top name competiting with Blackrock and the likes. Access to global exposure. High HR entry barriers, therefore working with the very best in the industry. Exceptional investment performance.

    Cons

    Slightly too corporate. Lack of transparency (you never know what the management has up their sleeves or what they think of you - therefore creating a slightly awkward atmosphere). Culture is overly British (lack of honesty and transparency between colleagues - creating again an awkward environment to work in). Lack of career progression. Lack of thought leadership in the industry (e.g. despite dwarfing M&G and the likes in terms of prestige and investment knowledge, these still seem more present on the innovation stage - LGIM you have a great voice, use it!!!)

    Advice to Management

    Now that you have secured the top spot in the UK and Europe, focus on your international expansion. Hire more internationally and strengthen your values. Take on the thought leadership stage and start investing in marketing and communication! (I see the competitors everywhere but I never see LGIM).


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  5. Helpful (1)

    Lots of change, but not necessarily for the better ...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - IT Worker in London, England (UK)
    Current Contractor - IT Worker in London, England (UK)
    Recommends
    Positive Outlook

    I have been working at Legal and General Investment Management as a contractor

    Pros

    Great People (in the lower ranks), fairly easy-going work environment - this is no 7 to 7 Hedge Fund ...

    Cons

    Nearly all the senior management have change in the last couple of years, mainly due to retirement. Every new manager has his or her own 'new broom' to swing, and that's annoying a LOT of the people who've been there a while ...


  6. Client Relations Exec

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - CRE in London, England (UK)
    Former Employee - CRE in London, England (UK)
    Doesn't Recommend
    Negative Outlook

    I worked at Legal and General Investment Management full-time (More than a year)

    Pros

    Good Building and Facilities On lower levels good people to work with

    Cons

    Lots of change in senior management - not clear strategy visible - company too bureaucratic and too slow to react to change. Loosing DB assets cannot gain enough DC assets

    Advice to Management

    Didnt like the place and left ASAP


  7. Helpful (1)

    Too much Bureaucracy, way too much Politics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I worked at Legal and General Investment Management full-time (More than a year)

    Pros

    You will come across very smart people from whom you can learn.

    Cons

    The company is full of politics, you will never know what the management really think of you. No infrastructure at all, everything is done in the least efficient way. Benefits way below City average with not even days of holiday matching average 25 per year.

    Advice to Management

    Invest in infrastructure and yourself.


  8. Would never recommend

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Middle/Front Office Employee in London, England (UK)
    Former Employee - Middle/Front Office Employee in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Legal and General Investment Management full-time

    Pros

    Its got a staff canteen, showers, Tea & coffee provides on every floor for free, located in the City of London, nice colleagues.

    Cons

    1) Archaic system thats stops LGIM (and ofcource their Employees too) from progressing. System constantly breaks down especially during busy periods when deadlines are due, causing late night hours, weekend work, which is not fault of the talented pool of employees. System desperately needs updating, however board unwilling to invest. 2) Hardly any chance of career progression as majority of Employees have worked int he same job for 15+ years, either wait for them to retire, move jobs or drop dead.

    Advice to Management

    INVEST INVEST INVEST! Invest in your systems, invest in your employees and you will see the returns double and hopefully this will lead LGIM to be in par with industry peers.



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