Lloyd’s of London has partnered with Schroders Solutions to launch a new investment platform, which will give investors in the Lloyd’s market access to a broader range of investment opportunities, including private assets.
The consolidation of investment funds under one umbrella will allow investors to be able to benefit from collective economies of scale and lower costs.
Burkhard Keese, chief financial officer and chief operating officer at Lloyd’s, said: “Those joining the platform will benefit from greater scale and investment expertise, as well as being able to prioritise green and socially responsible investments in our market. So, it’s really been designed with the future, and profitable growth, in mind.”
The platform will comprise a series of selected funds across asset classes, which will be made available to Lloyd’s market investors.
Third-party managers will be selected for each fund and advised by the open-architecture Schroders Solution to create bespoke offerings for the platform.
James Barham, executive chairman of Schroders Solutions, said: “We can now co-create to build a bespoke platform, that will deliver efficiencies and economies of scale for all investors. The platform provides access to Schroders Solutions open architecture and our rapidly-growing capabilities in assess classes such as real estate, infrastructure debt, private equity, and private debt.
Barham added: “Investors will also benefit from our data-led approach to sustainability and ESG, which is highly focused on helping clients’ path to net zero.”
Lloyd’s Central Fund will act as a co-investor to the platform, which is an extension of Schroders’ long-standing partnership with the Lloyd’s market.
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