Lloyd Fonds

DB: L1OA

€50.9m market cap

€5.05 last close

Lloyd Fonds is an investment and asset manager in a range of alternative real assets including ships, real estate, aircraft, energy, and private equity. Over more than 20 years it has arranged more than 100 investments with a cumulative total volume of c €5bn and a current volume of c €1.4bn.

Investment summary

Lloyd Fonds is accelerating its transformation into a leading asset manager in Germany with the proposed acquisition of highly regarded SPSW Capital. This follows the recent sales launch of its new business model, focused on open-end retail funds and targeting assets under management to exceed €5bn by 2023 (€1bn+ in 2019). While repositioning makes financials difficult to assess, this move gives reassurance as growth in assets under management is the stated driver of future earnings.

Share price graph
Price performance
%
1m
3m
12m
Actual (8.2) 1.8 31.9
Relative* (7.8) (4.1) 42.7
52-week high/low €5.8/€3.8
*% relative to local index
Key management
Hendrik Duncker Corporate Communications