Lloyds Private Bank

Who we are

Lloyds Bank Private Banking is part of Lloyds Banking Group, one of Britain’s most trusted financial groups with a reputation nurtured from Lloyds Bank’s foundations 250 years ago.
Our service is built on expertise that comes from many decades of helping our customers manage and pass on their wealth.
Our strength in banking, lending, wealth planning and investments enables us to provide a range of services and solutions under one roof to suit your needs. Lloyds Banking Group manages assets on behalf of corporate, professional and retail investors in a diverse selection of asset classes. We have been managing portfolios offshore since the 1970’s and are experienced in providing investment solutions to the trust company sector.
Lloyds Banking Group is a FTSE 100 listed company with strong capital ratios, close to 70,000 employees, a market capitalisation close to £50bln and strong values in our ambition of becoming the best bank for customers and helping Britain prosper. We are dedicated to earning your trust and aim to build a long-term relationship with you.

What we do

Our investment process can best be described as disciplined asset management, diversified by asset type and management style, blending both active and passive investments, based on a solid foundation of benchmarks, risk and forecasting controls, within a framework of strong governance. The most important contribution to portfolio performance is the work undertaken by the Lloyds Wealth Investment Office (WIO), who provide the long-term asset allocation, examining and optimising the thousands of possible market and economic scenarios with our main partners before agreeing annually on our optimal investment models, designed with a 10-year time horizon. We outsource day to day investment management to our strategic partners (in this case Aberdeen Asset Management) who undertake dynamic tactical allocation away from our optimised long term models to try to harness the opportunities from volatility, supply and demand.

Portfolios are offered in Euro, GBP and USD with 3 risk strategies in order that there is almost always a suitable investment solution whatever the risk appetite and investment objectives of our customers.

Lifestyle Portfolio’s

Our investment process employs disciplined asset management, diversified by asset type and management style, blending active and passive investments, based on a solid foundation of benchmarks, risk and forecasting controls, within a strong governance framework. The Lloyds Wealth Investment Office (WIO) provide the long-term asset allocation, examining and assessing thousands of possible market and economic scenarios to determine optimal investment models geared to a 10-year time horizon. We outsource day to day investment management to our strategic partners (in this case Aberdeen Asset Management) who undertake dynamic tactical allocation to try to harness shorter term market opportunities.

Portfolios are offered in GBP, USD and Euro across a range of risk profiles to provide a spectrum of investment solutions. The minimum investment for Lifestyle is £100,000.

Our Lifestyle portfolios are designed to offer a diversified exposure to asset classes whilst keeping portfolio running costs contained, through the use of both exchange traded funds (ETF) and more actively managed 3rd party funds. We believe the combination of high level long term asset allocation, on-the- ground tactical allocation, and the efficiencies afforded in low cost tracking funds creates a potent formula for effective portfolio management. By only using collective investments Trustees benefit from lower accounting costs, whilst maintaining a diversified approach.

In addition to the Lifestyle total return portfolios, we also offer Lifestyle Income models. These are structured specifically towards generating a consistent level of income whilst also being mindful of capital retention and growth.

Overall, Lifestyle portfolio’s offer a robust and diverse investment solution, delivered in a cost effective manner.

Relative Return Strategies

Our Relative Return Strategies offer two alternative approaches, the “Multifund MultiManager” approach (minimum investment £500k) which invests into collective funds, and the “Classic” solution (starting at £1.5m) which also incorporates direct equity exposure. Portfolios are offered in GBP, USD and Euro across a range of risk profiles to provide a spectrum of investment solutions.

Multifund MultiManager (MMM)
MMM portfolios are designed to offer a diversified exposure to asset classes whilst keeping portfolio running costs contained, through the use of both exchange traded funds (ETF) and more actively managed 3rd party funds. We believe the combination of high level long term asset allocation, on-the- ground tactical allocation and best of class, actively managed funds creates a potent formula for effective portfolio management. Funds are identified based on strict criteria, incorporating both past performance and investment style to form a cohesive portfolio. Dealing fees are absorbed through the annual management charges.

Classic
Classic Portfolios are similar in design to the MMM portfolios, aiming to outperform the same total return benchmarks. Whilst Classic portfolios will still hold Managed Funds and ETFs, the investment manager can also invest in direct shares for the home market (e.g. Equities listed on the London Stock Exchange for GBP portfolios), allowing them more of a free rein in the application of their stock selection skills.

Contacts

Gillian Schweppe
Jersey
Private Banking Manager
Gillian.Schweppe@LloydsBankInternational.com
01534 845577

Mark Edmonds
Guernsey
Private Banking Manager
Mark.Edmonds@LloydsBankInternational.com
01481 708033

Andrew Nicholson
Isle of Man
Private Banking Manager
Andrew.Nicholson@LloydsBankInternational.com
01624 657389