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Catch up with the latest press releases from LV=

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LV= Asset Management Debuts on Fundsnetwork

Press release: 21/09/2010

LV= Asset Management (LVAM), the fund management arm of mutual insurance and investment group LV=, has reached an agreement to offer a selection of its fund range via FundsNetwork, the investment platform operated by Fidelity Investment Managers.

With immediate effect, the following LVAM single strategy and fund of funds are available via FundsNetwork:

  • LV= UK Equity Income Fund

  • LV= UK Growth Fund

  • LV= European ex-UK Fund

  • LV= UK Corporate Bond Fund

  • LV= UK Property Fund

  • LV= Managed Portfolios 3 - 7

LV= UK Corporate Bond Fund, LV= UK Equity Income Fund and LV= Managed Portfolios 4 – 7 carry Standard & Poor’s ‘A’ Fund Management Ratings. LV= European ex-UK Growth Fund carries a Standard and Poor’s ‘AA’ Fund Management Rating and an OBSR ‘A’ rating.

LV= UK Property Fund is managed by Howard Meaney, who is ‘AAA’ rated by Citywire, as are John Hampton and Nigel Bradshaw who manage the LV= UK Corporate Bond Fund. Graham Ashby and Michael Crawford, managers of LV= UK Equity Income and LV= UK Growth Funds, are both A-rated by Citywire.

Ed Dymott, Head of UK Fund Partners, Fidelity Investment Managers commented: “Fidelity FundsNetwork would like to welcome LV= Asset Management to the platform. We believe the LV= funds will provide interesting investment options for advisers and investors through FundsNetwork, especially with the multimanager range, where we continue to see increasing demand for managed products.”

Matthew Wright, Head of Sales, LVAM, commented: “Over the past few years, LVAM has produced a range of Funds that have generated success by meeting our clients’ investment needs. Thanks to FundsNetwork, these Funds will now be accessible to a much broader audience.”

Notes

Fidelity FundsNetwork is the investment platform operated by Fidelity Investment Managers in the UK. It was set up in 2000 and pioneered platform services for Advisers, administrators and their clients, initially offering a choice of 250 funds from 14 investment providers.

Today it offers over 1,200 funds from more than 70 leading providers plus other products and services including marketing support and tools to help with investment planning and portfolio construction.

LV= is a registered trademark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies.

LV= employs around 4,000 people, serves over 3.8m customers and members, and manages around £9.5bn (as at 30 June 2010) on their behalf, via LV= Asset Management (LVAM). We are also the UK’s largest friendly society and a leading mutual financial services provider.

LVFS is authorised and regulated by the Financial Services Authority, register number 110035. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF. www.LV.com.