LCP joins top asset managers, economists and investments bankers at much-awaited Asset Allocation Outlook series this December
15 November 2015, Manama, Bahrain:
The World Islamic Banking Conference (WIBC) is delighted to announce
that the CEO of London Central Portfolio, Naomi Heaton, will be speaking
in Bahrain on 3rd December 2015.
Heaton will focus on the importance of uncorrelated asset classes and
diversification in a balanced investment portfolio, and the role these
can play in Islamic Finance. This coincides with the launch of LCP’s
latest Sharia-compliant Central London residential property fund, London
Central Apartments III (LCA III).
“We are honoured to be
partaking in such a prestigious event in the Islamic Finance calendar.
Having launched the UK’s only Sharia-compliant residential property
funds, we are delighted to be speaking alongside other industry
pioneers, such as Citi, EFG, Hermes Holdings, Emirates NBD and more.
This should be a thought provoking and ground-breaking conference”
comments CEO, Heaton.
According to LCP,
almost one third of subscriptions into its Sharia-compliant funds have
been from Middle Eastern or Sharia-conscious British Muslims,
highlighting the growing demand for Sharia-compliant investment
solutions.
“Coming from an
alternative investment background, we hope our unique perspective will
shed new light on how Sharia conscious investors can diversify their
portfolios. Continued volatility across traditional investment sectors
due to geopolitical and economic instability have highlighted the
benefits of diversification. Alternative asset classes bring valuable
non-correlated exposure but demand dedicated, actively managed funds to
optimise profits. Focussed, specialist skills and local knowledge will
become an increasingly powerful tool in the search for returns. LCP, as a
specialist asset manager, deliver this through their very successful
Central London property funds” comments Heaton.
LCP’s new fund, LCA
III, is a listed property company, targeting the buoyant private rented
sector in Central London. It offers investors shares in an existing high
performing portfolio of around 50 properties in some of the capital’s
most desirable postcodes. The company is proud to have teamed up with
Qatari-backed Al Rayan Bank in London, to finance the offering.
Keith Leach, chief
commercial officer at Al Rayan, also recognises the benefits of
uncorrelated asset classes. “We are keen to strengthen our product range
by bringing innovative products to our clients, so exploring the
residential space was an obvious next step. We are delighted to be
partnering with LCP in this project. Investment in Central London
property has outperformed any other investments over the past decade and
we believe that this is an exciting opportunity for investors”.
WIBC 2015 is a three-day gathering of the financial industry’s leaders, taking place on the 1st, 2nd and 3rd of December at the Gulf Hotel in Manama, Kingdom of Bahrain. For more information, visit www.wibc2015.com.
