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l g international portfolio bond available

11 Sep 12

Legal and General International has made its International Portfolio Bond available on the Ascentric wrap platform.

Legal and General International has made its International Portfolio Bond available on the Ascentric wrap platform.

The company, which has its headquarters in Ireland, said the product is now available on four platforms including the Cofunds platform, Seven Investment Management Platform and the Skandia Investment Solutions platform, as well as the newly added Ascentric platform.

Danny Wynn, director, platforms & policy at Legal & General said: “In an increasingly competitive sector advisers are looking more and more to access financial services and products via a platform of their choice. Our offshore bond business is continually seeking ways to create new services for platforms, which can help to cement the relationship with their existing clients.”

When L&G gave its 2011 results in March this year, it credited sales of its International Portfolio Bond with helping its offshore bond sales to reach record levels, with the product recording APE growth of 27% during the year.

 

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.