Legal & General Investment Management America wins coveted aiCIO Industry Innovation Award for Liability Driven Investing

CHICAGO, Dec. 5, 2012 /PRNewswire/ -- Legal & General Investment Management America, Inc. (LGIMA) is pleased to announce that at last night's aiCIO Awards Dinner it received the "Industry Innovation Award" in the liability-driven investing (LDI) category from aiCIO, an award-winning print and digital magazine that informs and networks the globe's largest asset owners and the individuals who advise them.

LGIMA was given the award for its rapid growth and commitment to the American LDI market and for its thought leadership in the use of swaptions within LDI portfolios.

LGIMA's Head of US Pension Solutions, Aaron Meder, said: "We are honored to receive this award which validates our leadership role, and further differentiates our ability to provide truly customized and holistic solutions to our rapidly growing US client base."

aiCIO's methodology for the aiCIO Industry Innovation Awards was split into two general categories: asset management/servicing and asset owners. Nominations were open from June 1, 2012 until August 1, 2012. With input from the awards Advisory Board as well as surveys and data where applicable, the aiCIO editorial team made the final decisions as to nominees and winners. aiCIO's audience includes the chief investment officers of the world's largest defined benefit pensions, sovereign wealth funds, insurance general accounts, and endowments and foundations.

Notes to editors:

Legal & General Investment Management America, Inc. is a Chicago-based investment advisor specializing in fixed income and liability driven investment (LDI) strategies for the US institutional market. Legal & General Investment Management America, Inc. was founded in 2006 and is a wholly-owned subsidiary of Legal & General Investment Management (Holdings) Ltd., which also owns its affiliates Legal & General Investment Management and LGIM International Ltd. Legal & General's worldwide assets under management exceed $600 billion.

SOURCE Legal & General Investment Management America