BOURNEMOUTH, England, March 21, 2011 /PRNewswire/ -- LV= Asset Management, the fund management arm of mutual insurance, investment and retirement group LV=, has received recognition for the strong performance of its UK fixed interest team by winning the best small bond group category at the Lipper Fund Awards 2011.
LV= Asset Management qualified for this award by delivering strong risk-adjusted performance relative to its peer group across its range of bond funds over the three year period up to 31st December 2010. These funds include the LV= UK Corporate Bond fund, the LV= UK Fixed Interest fund and the LV= UK Index linked fund.
The award acknowledges LVAM's industry leading fixed interest capability and highlights the team's expertise across a range of different products.
Michael Wright, Head of Fixed Interest at LVAM commented: "We aim to deliver consistently good performance for our clients across the range of bond funds. We are extremely pleased to have won this award as it acknowledges our team approach to managing funds and recognises the superior returns we have achieved over the three years to 31st December 2010.
"The last few years have been an extraordinary time for money managers but the breadth of experience on the team has allowed us to draw on lessons from the past and make timely, well informed decision on behalf of our clients. Going forward we are confident that we can maintain this high level of performance by continuing to follow a pragmatic approach to stock selection."
Ann Roughead, Managing Director at LVAM added: "LVAM has set out its stall as a low-cost active manager that does what it says on the tin - delivering attractive added value year in, year out. The LV= bond funds are great examples of what we are trying to achieve and this award will serve to reinforce our commitment to providing impressive and consistent returns for our investors."
About Liverpool Victoria:
LV= is a registered trademark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies.
As the UK's largest friendly society we're here to help you make the best choices when it comes to your money. With a range of car insurance, home insurance and travel insurance products that are both good value and award-winning, we're bound to have something to interest you.
LV= employs around 4,500 people, serves over four million customers and members, and manages around 8.0bn pounds Sterling (as at 31 December 2010) on their behalf, via LV= Asset Management (LVAM). We are also the UK's largest friendly society and a leading mutual financial services provider. www.LVAM.co.uk.
LVFS is authorised and regulated by the Financial Services Authority, register number 110035. LVFS is a member of the ABI, the AFM and ILAG. Registered address: County Gates, Bournemouth BH1 2NF. www.LV.com
About The Lipper Fund Awards:
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings.
0208 256 6896