UFG-LFP

LFP Asset Management, your partner in traditional asset management across all asset classes (money market, convertibles, equity, diversified), is currently under positive watch by Fitch Ratings in view of obtaining a “M2” rating. As you know, M2 signifies an asset manager demonstrating low vulnerability to operational and investment management failure.

LFP Asset Management recently merged with UFG IM and is a member company of UFG-LFP, a French asset management group featuring both a mutual funds and real estate expertise.
To get more information, please download here the full Fitch Ratings press release. We would like to draw your attention to single citation:
“Fitch believes LFP will gain from being part of a larger group, renamed UFG-LFP, in term of size (EUR32bn Assets under Management (AuM) at end-August 2009), distribution channels and financial standing. The merger will also strengthen marketing, controlling and reporting teams and tools while increasing resources in alternative multi-management with the contribution of the former UFG Alteram - a fund-of-hedge fund specialist now folded into UFG IM. “

For further information please feel free to contact your UFG-LFP international sales person at international@ufg-lfp.com.

12/21/2009