14th May 2012, London: JLT Investment Solutions is
delighted to announce that it is expanding its offering to
institutional pension schemes with the launch of the JLT
Growth Fund.
Peter Ball, Managing Director JLT Investment Solutions said
"This is the next stage in our development, providing
clients and potential clients with a fund range that can
meet their needs for growth at a low cost is an essential
part of our plan of growth for our investment
business."
JLT acquired iimia Wealth Management in January 2010 which
has continued to go from strength to strength and this is
the next logical step in their development. The team has
for many years run a successful discretionary portfolio
management business for private clients. The JLT Growth
Fund will have an objective to outperform Cash plus 4%
after fees and with less volatility than equities.
Peter Ball, continues, "We are delighted to announce
that we will be working with Investment Solutions subject
to finalising legal agreements to provide us with unit
pricing and administration services. The agreement comes
after a thorough review of providers and Investment
Solutions demonstrated a strong and developed platform that
could meet all our needs, now and in the future. This
agreement is vital as one of the last pieces of the
'jigsaw' necessary to launch the JLT Growth
Fund."
Rufus Warner of Investment Solutions said, "Investment
Solutions is delighted to welcome JLT as a significant new
partner, using our platform to underpin their investment
offering."
Peter Ball, concludes, "JLT was the pioneer of
Diversified Growth funds (DGF) back in 2005, and this fund
represents our very best thinking today, moving the DGF
market forward again. By using our asset allocation ideas
combined with our top manager picks from our Manager
Research team, this creates a fund that is ideal for the
Growth allocation of a DB scheme. It is also an ideal
default fund for DC plans and will also be available to
occupational schemes and via GPP platforms."
JLT expects clients to start using the JLT Growth Fund from
early summer 2012.
-- ENDS --
Enquiries:
JLT Group Corporate Communications
Isabella Young
+44 (0)20 7558 3387
Email
Editor's Notes:
About JLT Investment Consulting
JLT Investment Consulting is part of JLT Investment
Solutions which has been established to provide the full
range of investment services encompassing independent
financial advice, investment consulting services and
discretionary investment management to institutional,
corporate and high net worth clients, on a stand alone
basis or as part of a range of combined services.
The JLT Employee Benefits Group of companies includes: JLT
Benefits Solutions Limited, JLT Wealth Management Limited,
JLT Investment Management Limited, Profund Solutions
Limited, Independent Trustee Services Limited and JLT
Pension Capital Strategies Limited.
JLT Employee Benefits Group is part of Jardine Lloyd
Thompson Group plc.
http://www.jltgroup.com/employee-benefits/
Jardine Lloyd Thompson Group plc
Jardine Lloyd Thompson Group plc (JLT) is an international
group of risk specialists and employee benefits consultants
and one of the largest companies of its type in the world.
JLT offers a distinctive choice to clients and partners
through our combination of independence, scale and
specialism.
The Jardine Lloyd Thompson group is quoted on the London
Stock Exchange and employs 7000 people worldwide and
through the JLT International Network provides services in
more than 130 countries.
http://www.jltgroup.com/
About Investment Solutions Group
Investment Solutions is a leading provider of investment
services, including multi-manager portfolios. It offers a
smooth interface between the liability-driven investment
requirements of mature and closed Defined Benefit schemes
and the investment and administration requirements of
Defined Contribution schemes. Investment Solutions has
global assets under management in excess of £16 billion as
at 31/03/2012.
For more information on Investment Solutions Group please
visit the website: www.isltd.co.uk
Investment Solutions Group includes Investment Solutions
Limited and Investment Solutions Fund Managers Limited,
both of which are authorised and regulated by the Financial
Services Authority.
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