Legal & General Investment Management (LGIM) is an asset management arm of Legal & General Group Plc. The firm provides its services to pension schemes and charitable institutions. It manages pooled and segregated equity, fixed income, index, and property funds for its clients. The firm invests in the public equity and fixed income markets across the globe. It also makes its investments in equity and fixed income index funds. The firm typically makes its equity investments in value stocks of companies. It employs a top-down approach to select its sectors and a fundamental analysis to create its equity portfolios. The firm makes its fixed income investments in government bonds, index-linked bonds, corporate bonds, and high-yield bonds. It employs a fundamental analysis to make its fixed income investments. The firm conducts in-house research to make its investments. Legal & General Investment Management is based in London with an additional office in Chicago, Illinois.