Insurance Asset Risk Awards 2024 - UK & Europe

Real Asset Manager of the Year: Swiss Life Asset Managers

Drawing on knowledge and experience of over 165 years in risk management as a leading life insurer, Swiss Life Asset Managers develops future-oriented investment solutions for its third-party investors as well as interest-aligned capabilities for Swiss Life's insurance policyholders.

Alongside insurance assets for Swiss Life Group, assets under management total €265.8bn (as of 30 June 2023), with €114.8bn managed for third-party clients. With 150 insurance companies investing alongside Swiss Life, the vast majority in real assets, the "skin in the game" it provides is well appreciated across Europe.

Alignment of interest is a key ingredient in Swiss Life Asset Managers' success. As an insurance-owned asset manager, it applies its skills to deliver results the way insurers need them.

The asset manager has the ability and expertise to provide access to real asset portfolios across different cycles, to think long term and act responsibly; all attributes highlighted by the judges.

In particular, the judges admired Swiss Life Asset Managers' large platform with a broad spectrum of investment strategies across different risk-taking segments, and appreciated the level of detail submitted to support its evidence, helping to make Swiss Life Asset Managers this year's winner of the Real Asset Manager of the Year award.

After having been, to a large degree, frozen for secondary transactions in 2023, the market is expected to normalise in 2024, according to Per Erikson, head real estate, Swiss Life Asset Managers. Although the first half-year may only show tentative signs of improvement, he says "we currently believe activity will regain momentum in the second half. There is consensus across our business to invest in good quality and highly ESG rated assets in the four L's: living including co-living, operated micro-living, senior living, and healthcare, logistics, light industrial, and life science".