Lighthouse Group PLC Extension of Luceo Funds range
28 February 2017 - 6:02PM
RNS Non-Regulatory
TIDMLGT
Lighthouse Group PLC
28 February 2017
Press Release 28 February 2017
Lighthouse Group plc
("Lighthouse", the "Group" or the "Company")
Extension of Luceo Funds range
Lighthouse Group plc (AIM: LGT), the national financial adviser
of choice for Middle Britain, is pleased to announce the extension
of its fund range from its wholly-owned subsidiary, Luceo Asset
Management Limited, by the launch today of two additional funds,
Luceo 3 and Luceo 7.
These complement the existing funds Luceo 4, Luceo 5 and Luceo 6
in the actively managed, multi-manager fund of funds space and
have, as with the initial funds launched, been designed to deliver
risk-targeted returns to investors. The new funds will again be
managed by Octopus Investments Limited, the award-winning
investment company that manages the existing Luceo active fund
range, and will be available on the Lighthouse Zurich Platform
service established in September 2016, as well as on a number of
other leading platforms.
Malcolm Streatfield, Group Chief Executive of Lighthouse Group
plc, commented: "We are delighted to extend the Luceo fund range
launched in October 2016 with the addition of Luceo 3 and Luceo 7,
and to continue our engagement with Octopus Investments, which has
proved to be a first class partner in the launch and development of
our Luceo Asset Management proposition. We look forward to further
product developments during the rest of 2017 and beyond in order to
extend still further the range of financial solutions available to
our clients."
Simon Rogerson, Chief Executive of Octopus Investments,
commented: "We are very pleased to be extending the existing range
of Luceo funds that we manage for Lighthouse to include Luceo 3 and
Luceo 7. It's a natural step to take in order to provide customers
with a more complete proposition, and we look forward to working
closely with Lighthouse over the coming years to build an industry
leading investment fund range. Like the other funds, these new
risk-targeted funds are managed by our well-established multi
manager team, and are designed to deliver consistency and
reliability, with complete focus on delivering the outcome the
customer expects."
- Ends -
For further information, please contact:
Lighthouse Group plc
Malcolm Streatfield - Tel: +44 (0) 20 7065
Chief Executive 5640
Peter Smith - Group Finance
Director
www.lighthousegroup.plc.uk
investorenquiries@lighthousefs.help
Media enquiries:
IFC Advisory Limited
Graham Herring/Tim Metcalfe/Heather Tel: +44 (0) 20
Armstrong 3053 8671
heather.armstrong@investor-focus.co.uk www.investor-focus.co.uk
finnCap Limited
(Nominated Adviser and Broker Tel: + 44 (0)
to the Company) 20 7220 0500
Adrian Hargrave / Emily Watts
About Lighthouse Group plc
Lighthouse has been listed on AIM since 2000 as an integrated
financial services company for investors, coupled with significant
scale in terms of distribution through financial advisers and
wealth managers and its fully diversified business model.
As one of the UK's largest autonomous financial advice and
wealth management groups, Lighthouse provides a comprehensive range
of services to businesses and individuals and is retained by most
of the major trades unions and other affinity groups to advise
their combined memberships of over 6 million members.
The Group aims to increase its relationships with, and the
benefits it derives from, its relationships with affinity groups
and professional partners.
In addition to a wide range of financial advice, the Group has
developed innovative products to meet the specific needs of its
retail and corporate customers. These comprise:
-- Luceo Asset Management, launched in September 2016 to provide
a range of investment solutions to retail investors. The initial
three solutions comprise multi-manager, fund of fund, investment
portfolios matching to customers' agreed risk profiles, with
Octopus Investments Limited as the initial Investment Adviser and
the newly established Lighthouse Zurich Platform, in partnership
with Zurich; and
-- The Lighthouse Pensions and Life Trusts, unbundled
multi-employer Master Trust products that provide cost-effective
and one-stop shop solutions for small- and medium- sized
enterprises ("SMEs"), to meet their obligations to establish
auto-enrolment compliant pension schemes for their employees by 31
March 2018. (up to 1 million SMEs have to do so) and provide
death-in-service life assurance cover for all of their employees
aged between 16 and 65, for the same cost per benefit, at very
competitive rates, regardless of age, gender, location or
pre-existing medical conditions.
Lighthouse operates from its headquarters in London as well as
having principal operating offices in Stockport and Woodingdean,
near Brighton.
For more information please visit:
http://www.lighthousegroup.plc.uk/
This information is provided by RNS
The company news service from the London Stock Exchange
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