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LGT Capital awarded GBP100m multi-alternatives mandate from Kingfisher Pension Scheme

Monday, June 17, 2013
Opalesque Industry Update - LGT Capital Partners has been awarded a GBP 100 million multi-alternatives mandate from Kingfisher Pension Scheme. The mandate is focused exclusively on alternative investments and includes hedge funds, commodities, insurance-linked securities, property, private equity and other alternative asset classes.

Roberto Paganoni, CEO of LGT Capital Partners, comments: "We are delighted to be able to work with Kingfisher Pension Scheme on this mandate, which will provide their pension fund with an actively managed portfolio with nine alternative asset classes and access to best-in-class external managers. This segregated mandate gives Kingfisher Pension Scheme the flexibility to change the risk/return profile of their return-seeking assets at any point in time."

Dermot Courtier, Secretary of the Kingfisher Pension Scheme explained that “after a thorough and in-depth manager selection process, the Trustees decided that LGT Capital Partners’ proposition offered the most appropriate solution, complementing the Scheme’s existing exposures and providing flexibility in terms of the asset allocation and level of risk, depending on the Scheme’s requirements as it continues on its secondary funding objective flight path.”

LGT Capital Partners recognised the difficulties some pension funds face in accessing alternative investments. Based on its 15-year track record, the firm developed a multi-alternatives offering in 2011 especially for these investors.

Press release

LGT Capital Partners is a leading alternative investment specialist with over USD 26 billion in assets under management and more than 300 institutional clients. A large, international team is responsible for managing a wide range of investment programs focusing on private markets, liquid alternatives and multi-asset class solutions. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in North America, Europe and Asia. www.lgt.com

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