Lighthouse Group has launched Luceo Asset Management, a wholly-owned subsidiary offering three risk-targeted funds to the financial adviser's clients.
The initial Luceo Investment Funds range will comprise three active multi-manager funds - Luceo 4, Luceo 5 and Luceo 6 - which are designed to deliver risk-targeted returns to investors and sit within the three most popular risk bands for the firm's customer base. The funds, which will be managed by Octopus Investments and have their performance monitored and reviewed by the Luceo investment committee, will initially be available through a newly-established platform relationship with Zurich. How suitable are risk-targeted portfolios? Lighthouse Group group chief executive Malcolm S...
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