Important Notice : CLAM’s funds business is now managed by Keyridge

Effective 1 October 2025, Great-West Lifeco has transferred part of the investment management business of Canada Life Asset Management (‘CLAM’) to a sister company, Keyridge Asset Management Limited (‘Keyridge’) under the continued leadership of Mark Giancola, Managing Partner.

With over £135bn in assets under management and close to 300 asset management professionals, Keyridge unites the European third-party asset management businesses of CLAM, Setanta Asset Management, and Irish Life Investment Managers, creating a new asset manager in the UK market. Keyridge is authorised by the FCA to provide investment services in the UK through a UK branch.   

 What does this mean for you? 

. Your investments and services remain unchanged. 
. Your relationship manager continues to be your point of contact for any queries.

 For more information, please visit Keyridge.com or contact your appointed relationship manager. 

Canada Life Asset Management completes £43m debt deal with Amazon Property

26 May 2021

Canada Life Asset Management has completed a £43 million bi-lateral loan to refinance three Central London multi-let residential blocks on Great Portland Street.

This latest loan continues to further diversify Canada Life Asset Management’s loan book, offering competitively priced, longer-term debt to Amazon Property, a long-established property investment and development group. Amazon Property is headed up by CEO Charles Gourgey, a highly experienced real estate investor who has been active in the London real estate market for over 25 years.

Arranged over a 10-year term, the loan is secured against premium residential and commercial accommodation in a highly sought-after Central London location, close to Regent’s Park. The loan replaces existing bank finance from NatWest.

Canada Life Asset Management was advised by Stephenson Harwood LLP and Savills valuation team and the debt adviser was First Wealth Management Limited.

Nicholas Bent, Head of Real Estate Finance at Canada Life Asset Management, said: “This transaction further demonstrates our ability to continue to lend into sectors where the market might not traditionally expect to see us — in this case, 40 highly specified apartments let on Assured Shorthold Tenancies, with ground-floor commercial space. We are able to lend on terms ranging from 5 to 35 years, as well as across alternative asset classes, demonstrating the breadth of our lending capabilities.”

Harsh Desai, Director at Amazon Property, commented: “We found Canada Life Asset Management to be competitively priced and reliable. We concluded the transaction in an acceptable timescale and enjoyed working with them.  We hope this is one of many that we will complete with them in the future.”

Canada Life Asset Management’s property lending business has a 30-year track record within the UK and has further expanded its lending ambitions over recent years, now targeting £1 billion of new lending each year. All of Canada Life Asset Management’s loans are managed in-house by its dedicated London team.

Please note that while Canada Life Asset Management and Canada Life Limited are regulated, property management and the provision of commercial mortgages are not regulated activities.