Lloyd joins from Schroders where he held the same role and managed the Schroders income maximiser and UK income defensive funds.
He will report to Andrew Giles, who is managing director of Insight’s financial solutions group.
Giles says: “Insight Investments 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 biggest 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 am delighted to be joining a strong, growing business at Insight. Investors are increasingly turning to derivatives to better manage risks and returns and Insight is recognised as a leader in this field.”