LV=AM starts due diligence for Credit Suisse Income range.

Investment Adviser, June, 2009

Byline: James Kenny

LV= Asset Management (LVAM) is moving ahead with its plans to acquire the GBP800m Credit Suisse Income fund range and has started due diligence to assess the worth of the operation.

Aberdeen Asset management currently runs the funds, and the new deal will see the transfer of the Credit Suisse UK Income, Alpha Income and Monthly Income funds to LVAM as it attempts to build to its retail asset management business.

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