ATLAS News · Finance
Bronek Masojada, former Hiscox chief executive, has taken office as Lord Mayor of the City of London and says he will press pension funds on private assets.
Bronek Masojada, a former chief executive of Hiscox, has taken office as the 698th Lord Mayor of the City of London [2][3]. He says he wants to steer UK pension money into private assets [2].
Bronek Masojada was elected the 698th Lord Mayor of the City of London and was due to take office on 13 November at the Silent Ceremony at Guildhall. He succeeds Dame Susan Langley [3].
The post places him at the head of the City of London Corporation, which is distinct from the political mayoralty of Greater London [3]. He is 64 and was born in Durban [3].
Briefs Finance reports that he joined Hiscox in 1993, became chief executive in 2000 and left the role at the end of 2021 [2]. It says he vowed to steer £3.2tn of UK pensions into private assets [2].
The same report says earlier Lord Mayors made slow progress on this aim, and some insurers and asset managers hesitated after earlier pledges. It says he intends to press executives who oversee company pension plans and the managers of funds [2]. A Financial Times headline says the new Lord Mayor will press pension funds on investment pledges [1].
Sector relationship, not a demonstrated effect: ATLAS has no evidence that this story moves these companies' share prices. They appear for their activity in the sector and are shown with ATLAS data.
Private markets investment manager, likely to benefit from pension capital directed into private assets. · Financial Services
Private equity investor, exposed to any shift of pension money towards private markets. · Financial Services
Major pension and asset manager, directly affected by how UK pension funds allocate capital. · Financial Services
Asset manager serving pension and institutional clients, exposed to pension allocation policy. · Financial Services
ATLAS model estimates give a fair value of £11.71 for Intermediate Capital, with the latest close 58.36% above it. For 3I the estimate is £59.84, with the close 55.80% below it. For Abrdn the estimate is £1.63, with the close 40.32% above it. These are model estimates, not promises, and Legal & General has no estimate in the sheet.
This is a sector relationship, not a demonstrated effect: there is no evidence that this story moves these companies' share prices. Figures come from closes on November 13 and may change.
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There is no evidence that it does. The companies are listed through a sector relationship, not a demonstrated effect.
Briefs Finance reports that he vowed to steer £3.2tn of UK pensions into private assets [2].
It is the governing authority of the Square Mile, distinct from the political mayoralty of Greater London [3].
Closing prices, fair value, probabilities, earnings and dividends: ATLAS own data as of November 14, 2026. How we calculate fair value.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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