This stock is more risky, but it is just being discovered by the market and it is still cheap, with big upside potential. High Tech Low Risk London Pacific Group offers shareholders a unique opportunity to be Internet venture capitalists at low risk. The firm has a very successful portfolio of technology investments while its profitable financial services business provides stable earnings and even dividends. The firm s success on both fronts should lead to continued growth and probably a more generous multiple, as LDP becomes better known. The idea is an obvious one.
Insurance companies accumulate huge piles of money that they have to invest.
Well, that s just not how insurance companies think. Moreover, many are so big that they can t put a meaningful percentage of assets into startups. But because of its unique history, London Pacific has been a very successful venture investor. The key thing here is that money management and venture investing actually came before insurance operations. The predecessor, Berkeley Consulting Group, was formed in 1977.