L&C will provide the board with investment recommendations for its portfolio.
Age Concern London works to improve the quality of life and enhance the status and influence of older people in London.
L&C executive director John Félicité says: “‘London & Capital is delighted to be appointed as advisers on the Age Concern London mandate. We bring a macro economic discipline into the framework, our multi-strategy approach provides our partners with diversification, allowing us to reduce risk by not being over exposed to any one asset class or manager. This is extremely important for charities who typically have found that their portfolios have lacked real diversification during 2008.