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The fund managers

Legal and General

Legal & General Investment Management's parent company is Legal & General Group Plc, which is one of the UK's top 100 companies, with a market capitalisation of over £9.7 billion as at 30 June 2007. It is responsible for the management of assets worth about £250 billion, including the assets of two of the largest pension schemes (British Telecom and Royal Mail) in the UK.

L&G has a great deal of expertise in managing assets for pension schemes using a passive (index-tracking) approach and is currently a market leader in this kind of business.

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Note: The past performance shown on the factsheets is net of L&G's standard charges which are different to the O2 Pension Plan charges (which includes our administration charge and L&G's charges).

UBS

UBS Global Asset Management was formed from the merger in 2000 of Brinson Partners in the US and Phillips & Drew in the UK. The parent company is a publicly quoted Swiss Bank, UBS AG. The firm is one of the largest asset managers in the world, and manages about £375 billion worth of assets globally. UBS focus mostly on institutional (eg pension schemes) clients, specialising in active investment management.

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HSBC Amanah

HSBC Amanah is the global Islamic banking division of the HSBC Group, and was established in 1998 with the aim of making HSBC the leading provider of Islamic banking worldwide. With more than a hundred professionals serving the Middle East, Asia Pacific, Europe and the Americas, HSBC Amanah represents the largest Islamic banking team of any international bank.

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