Bringing you live news and features since 2006 

LCP’s latest fund approved for ISA and NISA wrappers


London Central Portfolio’s (LCP) recently launched fourth fund, London Central Apartments II (LCA II), is eligible for inclusion within ISAs and NISAs.

Hugh Best, investment director of LCP, says: “This means investors who might not otherwise be able to join the Knightsbridge set are getting the opportunity to invest in a premier asset class for just GBP15,000 and take their profits tax free.”
Regulated by the Jersey Financial Services Commission and the Channel Islands Securities Exchange Authority, the mandate for LCA II follows the model of LCP’s previous three funds. It will acquire a diversified portfolio of properties in the prime postcodes surrounding Hyde Park, which will then be upgraded and designed to add value and target the thriving Private Rented Sector. The fund is targeting returns of 12 per cent per annum IRR.
“Most investors are more than aware of the strong and consistent returns that can be achieved from Central London residential. However, traditionally significant levels of upfront investment have been required. We are delighted to provide an exceedingly attractive option for a new generation of savers and tax conscious investors alike,” says Naomi Heaton, CEO of LCP.
With the returns on offer, new investors will be able to invest their full GBP5,000 NISA allowance into LCA II and aim to nearly double their original investment over the five year hold, with a projected GBP12,150 return at the end of the fund’s life.

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by