- Introduction & Methodology
- Industry Trends
- Respondent Profile
- Defined Benefit Plans
- Portfolio Characteristics
- LDI Usage
- Vendor Ratings
- Service Satisfaction
- Top 5 Listings
- Vendor Details
- BlackRock, Inc.
- Capital Group
- Conning
- Dodge & Cox
- Fidelity Investments
- Goldman Sachs Asset Management
- Insight Investment
- LGIM America1
- NISA Investment Advisors, LLC
- PIMCO
- PGIM Fixed Income
- Russell Investments
- Wellington Management Company, LLP
- Western Asset Management Company, LLC
Past Surveys
Vendor Details
PIMCO
https://www.pimco.com
Summary of Offering
PIMCO is a leading provider of LDI and de-risking solutions working with more than 300 clients managing $189 billion in assets across liability-immunization, glide path implementation, completion management, and liability-aware asset allocation. PIMCO is a market leader in active LDI portfolio management with an established long-term track record across varying market cycles—delivering robust outperformance consistently for its clients, enabling them to achieve their pension goals. PIMCO works closely with DB plan sponsors to clearly understand their objectives and then translate them into bespoke strategies—with a focus on delivering results and achieving plan sponsor de-risking outcomes
Client Restrictions: None
Business Summary (as of 06/30/2021)
| LDI clients as of 06/30/2021: | >300 |
| LDI mandates as of 06/30/2021: | 305* |
| LDI assets under management ($USD) as of 06/30/2021: | $188.8B |
Regions With Active Mandates
| US | |
| Canada | |
| UK | |
| Continental Europe and Republic of Ireland | |
| Asia | |
| Australia | |
| All other locations |
Client Satisfaction
| # of ratings/responses received | 39 |
Satisfaction With Overall Offering
| Very Satisfied (9s and 10s) | 74% |
| Mostly Satisfied (7s and 8s) | 21% |
| Somewhat Satisfied (5s and 6s) | 5% |
| Only a Little Satisfied (3s and 4s) | 0% |
| Dissatisfied ( < 2) | 0% |
Average Satisfaction Scores by Category
| Is responsive to general inquiries | 9.26 |
| Meets objectives related to risk and return | 9.25 |
| Proactively provides new ideas/solutions and shares knowledge | 9.22 |
| Estimates daily liability | 7.50 |
| Has accessible investment team | 8.68 |
| Provides timely and detailed funded status attribution | 8.46 |
| Provides timely performance reporting | 9.24 |
| Offers daily interest rate hedge ratio estimation | 7.40 |
| Customizes portfolio to specific client needs | 8.84 |
NR = “Not Reported”
*Represents separate account mandates
*Represents separate account mandates