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L&G Tracker funds - Forster replaces Clarke

By TOM WHITE 01/04/2009

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Jason Forster has been named the new manager of the Legal & General UK Index fund. He replaces Ian Clarke, who has now retired. Forster, who has been running the Global 100 Index, Global Technology Index and Pacific Index funds for some time, is also replacing Clarke on Legal & General’s Ethical and UK 100 Index funds.

Recommendation

Our original recommendation on this fund was based on the fund’s low costs and low tracking error. As a result, we are maintaining the three star rating.

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