Schroders has continued to expand its Liability Driven Investment (LDI) team in the UK, with the appointment of Lucy Zhang as LDI Portfolio Manager, to further support clients’ evolving investment needs.
Zhang has joined from Aviva Investors and will report into Abhishek Saxena, Schroders Head of LDI Portfolio Management. In this newly-created role, Zhang will focus on the day-to-day investment management of LDI portfolios on behalf of our clients.
This appointment builds on a number of key senior hires Schroders has made across its LDI and broader Portfolio Solutions team since 2020.
Prior to Schroders, Zhang worked as a Portfolio Manager on UK LDI pension and insurance mandates for the last two years, in addition to previous roles in Financial Performance & Analysis and Capital Reporting teams. Zhang qualified as a Chartered Accountant (ACA) at Deloitte LLP.
Schroders LDI teams consists of Structuring and Execution, Portfolio Management, Solutions Management and Solution Change Management specialists. It is responsible for hedging GBP41.9 billion of liabilities across 144 clients* on behalf of its UK client base and forms part of the wider Schroders Portfolio Solutions team.
Philip Howard, Head of LDI Solutions, comments: “Schroders LDI team is dedicated to working in partnership with our clients to understand their needs in order to help build and tailor investment and liability hedging solutions.
“The addition of Lucy means that we have strengthened the four key specialist areas of the LDI team over the past 18 months. This will enable us to continue to deliver on existing client obligations, as well as meet future client requirements.”