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LV To Sell Funds Unit
Liverpool Victoria is planning to sell its asset management division, LV= Asset Management.
Liverpool Victoria is planning to sell its asset management division, LV= Asset Management, Investment Week reports, citing The Financial Mail. The mutual friendly society has appointed Fenchurch Advisory to manage the sale.
The potential buyers of LVAM have been shortlisted by the firm to four, which includes industry consolidators and asset managers. LV Asset Management manages over £8 billion in assets.
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