Lloyd’s unveils partnership for new investment platform
According to Lloyd’s, the platform is designed to help investors generate attractive risk-adjusted returns on capital and access a wider range of investment opportunities. Consolidating market investment funds under one umbrella will allow participants to benefit from collective economies of scale and lower costs. Environmental, social and governance criteria are embedded in the platform funds, Lloyd’s said.
“We’re focusing on profitable and sustainable growth at Lloyd’s, which is why we’ve created this new platform to make it easier for investors to access and co-invest in the Lloyd’s market,” said Burkhard Keese, chief financial officer and chief operating officer at Lloyd’s. “Those joining the platform will benefit from greater scale and investment expertise, alongside the ability to prioritize green and socially responsible investments in our market. So it’s really been designed with the future, and profitable growth, in mind.”
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“It’s really exciting to announce the appointment of Schroders Solutions as our delivery partner for our new investment platform,” said Eleanor Bucks, chief investment officer at Lloyd’s. “The benefits will be different for each investor. For some, it will be accessing fund strategies like private assets, where scale can sometimes prove a challenge. For others, it will be the smoother decision-making enabled by Schroders Solutions’ bespoke strategies and best-in-class manager selection. We look forward to good conversations with market participants as we set up the platform, and to welcoming new funds later in 2022.”
“We have applied intense focus on developing capabilities in private assets and solutions,” said Pete Harrison, group chief executive at Schroders. “This is a landmark appointment for Schroders and reflects how our whole-of-market capabilities can help solve complex investment requirements for clients. Bringing together over 500 years of heritage and expertise in investment and the insurance market creates a unique and innovative relationship, focused on the individual investment needs of Lloyd’s and its syndicate members.”