LV= adds Threadneedle UK Equity Alpha Income to multi-manager range

The vehicle, managed by Leigh Harrison, has been added to LV= Balanced Managed, Stockmarket, and Man...

The vehicle, managed by Leigh Harrison, has been added to LV= Balanced Managed, Stockmarket, and Managed Portfolio 7. Tom Caddick, head of multi manager and fund selection at LV=, says he is looking to position the multi-manager range back to value for 2009. "We are currently overweight in Europe and underweight in UK, we are slowly starting to reduce this underweight by bringing the UK back into the portfolio and are using the Threadneedle fund to do this," he says. Caddick choose the Threadneedle fund because of its value basis and because of the track record of both the fund and it...