LCP moves further into Swiss market

Pensions and investment consultants Lane Clark & Peacock has expanded its Swiss operations with the launch of LCP Asalis.

The new investment consulting practice will provide bespoke, practical investment advice to Swiss pension funds and their sponsors, and will support clients at every stage of the investment process from strategy through to implementation and monitoring.

LCP Asalis is based in Zurich and is a subsidiary of LCP's already established Swiss consultancy business, LCP Libera, which provides more than 300 Swiss pension funds with actuarial, pension fund management, accounting and legal consultancy services.

Philippe Schlumpf will lead LCP Asalis.

"Our clients are increasingly looking for international solutions to their pensions needs," said Alex Waite, international director at LCP. "We continue to grow our international offering to provide clients with the best service and are delighted to have expanded our Swiss operations with the opening of LCP Asalis. Many Swiss clients have been hit by the global economic crisis. LCP Asalis is well placed to help them review their investment strategies and take advantage of the flexibility provided by the new Swiss asset allocation guidelines."

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