Linked investment service providers (or LISPs) offer unrivalled convenience in exposing your money to as many growth opportunities as possible. They provide a simple, efficient way of ensuring effective portfolio diversification.
What Are Linked Investment Service Providers?
A LISP is an administrative entity that can provide you with a single point of access to a multitude of collective investment products. In other words, you can make a single investment commitment with a LISP, and that capital will be distributed across a whole host of funds, each, in turn, distributed across various sectors. The manner in which the capital is distributed is designed to maximise return on investment.
The Benefits of LISPs
- Unparalleled exposure and diversification
- The convenience of a single point of contact
- Relief from administrative burden associated with managing multiple investments (and the related requirements of legislation)
- More diversification is usually associated with the dilution of risk