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Legal General Investment Management (LGIM), one of Europe’s largest asset managers, has chosen Euroclear UK Ireland’s (EUI’s) CREST Investment Fund Service to automate settlement for its UK investment funds.
LGIM will now benefit from full automation of settlement for its UK investment funds. The CREST Investment Fund Service delivers end-to-end automation from order placement to settlement and asset servicing. It reduces operational and counterparty risks, improves liquidity management and ensures certainty of settlement.
Clients benefit from clear visibility of their settlement obligations and are able to manage cash flows effectively and efficiently. The funds industry has seen increased inflows into mutual, alternative and money market...
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