Lloyd's expands investment platform through launch of two new funds
London - Lloyd's, the world's leading marketplace for insurance and reinsurance, today announces the expansion of its Enhanced Liquidity Fund range for Strategic Cash Management on the Lloyd's Investment Platform.
The two new EUR and GBP Enhanced Yield Liquidity funds have been specifically designed as a place for long-term strategic cash held at Lloyd's, targeting higher return opportunities, coupled with high liquidity and low Solvency II capital charge efficiencies.
Complimenting the existing USD Enhanced Yield Liquidity Fund, the Lloyd's Investment Platform now provides access to an expanded suite covering the key market currencies to support treasury and investment teams within the managing agent community.
Insight Investment has been selected to manage the new funds, following an extensive due diligence and approval process.
The Lloyd's Investment Platform offers the Lloyd's market broader access to investment opportunities and operational efficiencies through investing collectively. The platform consists of a series of third-party managed bespoke fund solutions with growing adoption by managing agents, to support their investment needs.
Eleanor Bucks, Chief Investment Officer at Lloyd's, said: "Over the past two years, we have built a platform that provides the market participants with access to a wide range of bespoke investment opportunities, including private assets. These two new funds underpin our steadfast commitment to enhancing capital return potential within the Lloyd's market through innovative solutions.
Adrian Grey, Global CIO Insight Investment, said: "We are delighted to have been chosen by Lloyd's to manage the two new funds. As a firm, we pride ourselves in designing bespoke investment solutions to meet our client's needs. For Lloyd's, we have blended our expertise in cash and short-dated structured credit strategies."
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