Strategy
Lombard Odier IM Hits “Milestone” In UK Distribution Plan
The asset management arm of Swiss private banking group Lombard Odier has bolstered its distribution capabilities in the UK.
Lombard Odier Investment Managers has launched a series of strategies on two UK platforms: Cofunds and Hargreaves Lansdown.
The business has teamed up with UK investment platform Cofunds and London-listed wealth manager Hargreaves Lansdown, through its Vantage platform, to offer investors access to its smart beta, high conviction, absolute return, and multi-asset strategies. Lombard Odier IM called the link-up a “significant milestone”.
“Having our range of funds available through Cofunds and Hargreaves Lansdown is an important step for Lombard Odier IM as we expand our distribution capabilities in the UK. The links with both market-leading platforms offer UK investors access to our innovative fund solutions,” said Lombard Odier IM's head of UK sales, Dominick Peasley.
The eight funds now available on each of the two platforms are:
• LO Funds -
Golden Age: a high conviction global equity portfolio focused on
ageing demographics;
• LO Funds - Europe High Conviction: a concentrated portfolio of
pan-European equities;
• LO Funds - All Roads Multi-Asset: a multi-asset portfolio
targeting cash returns of over 5 per cent;
• LO Funds - Absolute Return Bond: a fixed income portfolio
targeting cash returns of 2 to 3 per cent with low
volatility;
• LO Funds - Technology, which focuses on market-disrupting
companies in the technology sector;
• LO Funds - Global Energy, which focuses on the North American
shale gas revolution;
• LO Funds – Commodities, which provides access to diversified
global commodities;
• LO Funds - Tactical Alpha, which provides access to global
tactical asset allocation across fixed income and
equities.
Lombard Odier IM's Geneva-headquartered business managed $50 billion in client assets as of the end of June. The group recently posted a 12 per cent year-on-year jump in profit to SFr70 million ($73 million) for the first half of 2015 despite facing headwinds of a stronger Swiss franc.
