

LV= has appointed Adam Ruddle into the role of chief investment officer.
Ruddle will be responsible for designing the investment strategy for LV=’s Smoothed Managed Funds. These funds incorporate a smoothing mechanism that works by averaging daily unit prices over the previous 26 weeks to help reduce the impact of short-term market volatility, and are designed for investors with a low to low-medium risk profile.
Ruddle was previously senior investment manager at the insurance company.