The Lighthouse Group has expanded its recurring revenue streams with the addition of four new LV= Asset Management (LVAM) managed OEIC sub-funds.
The funds will be added to its risk-based multi-manager LighthouseCapital programme. Unveiled last year, LighthouseCapital was introduced to allow the firm’s advisers greater influence over funds under advice, while boosting IFA recurring remuneration rather than initial commission alone. As part of a “strategic partnership” with the adviser group, LVAM’s multi-manager and fund selection team will manage the new funds. The LighthouseCapital range already includes F&C’s Lifestyle funds. “We have been at the forefront of developing a robust end-to-end investment process,” Lighthouse Group j...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes