Lloyd joins from Schroders where he was also head of structured solutions. He also managed the Schroders income maximiser and UK income defensive funds.
He will report to managing director of Insight’s financial solutions group Andrew Giles.
Giles says: “Insight Investment is committed to providing leading-edge investment solutions to meet our clients’ evolving objectives. Our industry continues to evolve towards a greater focus on disciplined risk and return management against unique liabilities and desired outcomes.
“Insight is one of the largest buy-side participants in the over-the-counter derivative market and the effective use of such instruments has been central to our success in delivering effective solutions for clients. Richard’s strength and depth of experience in designing and managing structured solutions will be invaluable in helping us to further extend our capability into new and exciting areas.”
Lloyd says: “I’m delighted to be joining a strong and growing business at Insight. Investors are increasingly turning to derivatives to better manage risks and returns and Insight is recognised as an industry leader in this field.”