QIC Group owned Antares tops Lloyd’s Peer Analysis for investment performance – The Peninsula

QIC Group owned Antares tops Lloyd’s Peer Analysis for investment performance – The Peninsula

Doha: Antares Managing Agency Ltd (‘Antares’), the Lloyd’s specialist insurance and reinsurance subsidiary of QIC Group, announced that Antares Syndicate 1274 has been ranked first for investment performance based on three-year average investment return over the period from FY 2019 to 2021 according to J P Morgan Asset Management’s Lloyd’s Peer Analysis. Antares achieved an average annual investment return of 3.6 percent against Syndicate Peer average of 1.6 percent.

The J P Morgan Asset Management Lloyd’s Peer Analysis compares the investment performance of Lloyd’s syndicates with average trust fund assets in excess of £100mn over the period 2019-2021. This study is derived from Lloyd’s Statistics 2019-21 and includes investment performance of syndicate trust fund assets and excludes the investment performance associated with Funds at Lloyd’s assets.

Commenting on the performance , said: “Antares is fully aligned with our parent company QIC Group’s objectives and strategy. Our approach is to favour sustainable and profitable growth and our investment strategy has a significant role to play in achieving these objectives. We are extremely pleased to have been ranked number one in J P Morgan’s Asset Management’s Lloyd’s Peer Analysis. This is a testament to our sustainable growth plan and well-diversified investment strategy.”

Antares Managing Agency