Print this article

UK Friendly Society Plans to Double Asset Management Unit

Stephen Harris

17 October 2007

LV, formerly Liverpool Victoria and the UK’s largest friendly society, plans to double the size of its asset management arm. LV Asset Management already manages about £8 billion ($16 billion) of funds. The expansion will be overseen by Ann Roughead, the chief operating officer, who joined from Citigroup in April. The aim is to double the size of its 38-strong team over the next three years.