March 5 (Bloomberg) -- Legal & General Group Plc said it’s targeting the U.S. for expansion after the U.K.’s biggest manager of pension assets posted higher earnings and an increased dividend.

The London-based insurer increased its full-year operating profit 7 percent to 1.16 billion pounds ($1.9 billion) in 2013 and raised its final dividend 22 percent to 9.30 pence a share, according to a statement today. Its investment unit attracted record net inflows of 15.7 billion pounds from international clients, with assets jumping 37 percent.

“We would like to be bigger in America,” Chief Executive Officer Nigel Wilson told journalists on a conference call. “We have been very measured in our expansion to date, so that’s an area of focus. They will likely be more bolt-ons. We are not trying to knock the ball out of the park.”

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