Alternatives manager of the year
Insurance Asset Risk Awards 2019 - UK & Europe
As global insurers seek to diversify their portfolios away from traditional assets, the alternative investments market has become increasingly in demand. From Asian life insurers to European P&C's, the yield delivered by investing in private equity and real assets holds strong appeal and is showing no sign of losing its lustre.
Describing this growing trend, this years' winner, Iain Forrester, head of insurance investment strategy at Aviva Investors, said: "The low-return environment in recent years has intensified insurers' search for investment diversification, particularly in respect of alternative income."
From real estate long-income to private corporate debt, and many things in between, Aviva Investors provided dedicated offerings that cater to the specific requirements of its parent and other insurers investment needs.
An illustration of just how they go beyond-the-norm to meet insurer client needs can be found within the Structured Finance team.
Tasked with delivering an investment for a matching adjustment portfolio, the team originated a term lending facility that was secured through a revolving pool of short-dated supply chain finance.
Further differentiation is found through its 'unlevered approach' to infrastructure equity. Taking on full control for the transactions, it bypasses the need for competitive auction processes and give clients direct access to the investments best fitting their needs.
Commended as offering cutting edge investment and impressive pedigree within the asset class, the judges were particularly impressed with the breadth of resources and expertise that Aviva Investors dedicate to alternative investment strategies.