LVAM adds lower risk offering to multi-manager range

LV= Managed Portfolio 3 will sit alongside Managed Portfolios 4 to 7 in LVAM's range of global, unfettered, multi-manager funds. The fund will aim to generate income and long-term capital growth at the lower end of the risk spectrum by building a portfolio of fixed interest mixed with equity and property exposure, using funds from leading managers. It will be managed by head of multi-manager and fund selection Tom Caddick and his team. "The launch of LV= Managed Portfolio 3 builds on the success we have achieved with the existing LV= Managed Portfolios 4 to 7," LVAM head of product...