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Lighthouse links up with LV= to sell Oeics

Lighthouse Group will be offering a range of four Oeics after agreeing a distribution partnership with LV= Asset Management.

LVAM’s multi manager and fund selection team, headed by Tom Caddick, will manage the funds, which will be sold and distributed through the Lighthouse platform.

The funds are expected to launch in July, subject to FSA approval, with a total expense ratio of around 1.8 per cent.

Caddick says: “This is a very positive step forward for our broader retail asset management plans. We are pleased to be entering into this agreement with Lighthouse and look forward to working closely with the Lighthouse group in the future.

Lighthouse chief executive Malcolm Streatfield says: “Lighthouse Group is very pleased to further our relationship with LV=. These four funds will prove to be excellent additions to our adviser’s product offering. We look forward to helping LV= in their development of this area of their business.”

Lighthouse already has an agreement in place with F&C Asset Management, to offer its lifestyle funds.

Both deals are constituents of Lighthouse Capital, the IFA firm’s investment proposition.


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