Sections

Dresdner RCM scoops £100m Lattice mandate

UK – Lattice Group, the infrastructure technology firm that demerged from British Gas last year, has hired Dresdner RCM Global Investors to manage a Global Balanced mandate worth approximately £100m (e160m).

The portfolio represents a portion of the company's captive insurance assets and the appointment has been made the Lattice Insurance Company Limited, based in the Isle of Man.

The mandate will be managed by Kleinwort Benson in the Channel Islands and sub-advised by Dresdner RCM from London.

Primarily invested in global bonds, the fund will also have an exposure to actively managed UK equities to enhance returns and specifically meet the firm’s required risk and return profile.

Mark Archer, head of institutional business development at Dresdner RCM, comments: "We are delighted that Lattice has chosen to appoint Dresdner RCM after a highly competitive selection exercise. Our people, process and excellent track record, especially in global bonds and UK equities, were key criteria for winning the mandate. We have significant group-wide experience in managing offshore captive insurance mandates and we look forward to developing a successful relationship with Lattice."

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2444

    Asset class: Trade Finance.
    Asset region: Global.
    Size: USD 10m.
    Closing date: 2018-06-25.

  • QN-2452

    Asset class: Hard Currency.
    Asset region: Emerging markets.
    Size: USD 300 mil..
    Closing date: 2018-06-22.

Begin Your Search Here