S&P gives LVAM funds A ratings

LV= Asset Management (LVAM), the fund management arm of mutual insurance and investment group LV=, has received a Standard & Poor’s rating for two of its multi manager funds. The LV= Balanced Managed Fund and LV= Stockmarket Fund were both awarded A ratings in S&P’s asset allocation sector. The funds are managed by Tom Caddick, head of multi manager and fund selection.