Lively time for Legal & General.
Overheard couldn't but help noticing what a lively time Legal & General has been having lately. Last...
Overheard couldn't but help noticing what a lively time Legal &General has been having lately. Last month the fund management arm of L&G
announced it had bought a 5.4% stake in Berkeley, a house building
company. Nothing terribly racy in that. However, in its excitement to let
the world know about the deal, L&G got the name wrong and announced it had
bought a stake in lap-dancing club Berkeley Playhouse.
Issues of good taste aside, this would not have been the shrewdest move
for a fund manager as
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