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Lombard Odier introduces sterling share classes on nine funds
by James Phillipps on Dec 17, 2013 at 07:00
Lombard Odier Investment Managers (LOIM) has launched sterling hedged share classes on nine of its funds.
The group has 37 Luxembourg-domiciled funds with clean share classes denominated in euros and dollars and the nine now with sterling share classes include its Technology, Emerging Consumer and Tactical Alpha products.
Dominick Peasley, head of UK third party distribution at LOIM, said: 'We're still expanding our activities in the UK and this is another milsetone in that evolution. The launch of sterling share classes is in response to the strong demand that we have seen across the entire LOIM product franchise and gives our UK-bsaed investors access to our strategies that aim to mitigate currency fluctuations.'
LOIM's All Roads, Commodity Risk Parity, Europe High Conviction and Golden Age funds also now have sterling share classes, along with its Global Energy and Absolute Return Bond portfolios.
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