Swiss Life Asset Managers UK has been appointed by Christ’s Hospital as the investment adviser of a new separate account mandate for its £120 million ($155 million) U.K. commercial property portfolio.
Christ’s Hospital is an exempt charity with a total endowment valued at £440 million ($569 million), with approximately 40 percent allocated to commercial and rural property.
As a leading charity, Christ's Hospital works to address disadvantage through transformative education. Established in 1552, the school offers free and reduced-cost places to more than 600 students each year, making it the largest provider of such opportunities in the United Kingdom.
The value of the school’s endowment ensures this number of bursary places can be provided annually.
The core-plus mandate will aim to deliver attractive long-term returns through stock selection and proactive asset management. This strategy leverages Swiss Life Asset Managers’ thematic investme