- Introduction & Methodology
- Industry Trends
- Respondent Profile
- Defined Benefit Plans
- Portfolio Characteristics
- LDI Usage
- Provider Rankings
- Assets Under Management
- Clients
- Mandates
- Provider Profiles
- Allspring Global Investments
- BlackRock, Inc.
- Capital Group
- Columbia Threadneedle Investments
- Dodge & Cox
- Fiera Capital Corporation
- Income Research & Management ("IR+M")
- Insight Investment
- J.P. Morgan Asset Management
- KeyBank
- Legal & General Investment Management America, Inc.
- MetLife Investment Management (MIM)
- NISA Investment Advisors, LLC
- Pacific Investment Management Company LLC (PIMCO)
- Parametric Portfolio Associates
- SECOR Asset Management
- SLC Management
- Voya Investment Management Co. LLC
- Wellington Management Company LLP
Past Surveys
Provider Profiles
Capital Group
capitalgroup.com
Summary of Offering
Capital Group works closely with clients and their partners to determine the investment solution that aligns with plan sponsors’ unique investment objectives. Capital Group’s investment team strives to achieve 60% to 70% of excess returns relative to the client’s benchmark through bottom-up security selection. The belief is good bottom-up security selection provides clients with consistent risk-adjusted returns that tend to be uncorrelated to the major market factors that influence changes in plan funded status.
Client Restrictions: Capital Group offers different investment vehicles for different size mandates. For institutional separate accounts, the minimum size is typically $100 million. For LDI mandates above $5 million but less than $100 million, Capital Group offers a collective investment trust (CIT) vehicle.
Business Summary (as of 06/30/2023)
| Total LDI clients | 27 |
| Total LDI mandates | 34 |
| Total LDI assets under management (US$) | $10.4B |
Regions With Active Mandates
| U.S. | |
| Canada | X |
| U.K. | X |
| Continental Europe and Republic of Ireland | |
| Asia | X |
| Australia | X |
| All other locations | X |
Sizes With Active Mandates
| <$500MM | |
| $500MM – $1B | |
| >$1B – $5B | |
| >$5B – $10B | X |
| >$10B | X |
Regions With Asset Allocations
| U.S. | |
| Canada | X |
| U.K. | X |
| Continental Europe and Republic of Ireland | |
| Asia | X |
| Australia | X |
| All other locations | X |
Asset Classes With Asset Allocations
| Publicly Traded equities | X |
| Fixed income – Government only | |
| Fixed income – Investment grade (BBB- or higher) credit | |
| Fixed income – Below investment grade credit | X |
| Fixed income – Multisector | X |
| Fixed income – Other | |
| Cash | X |
| Private equity | X |
| Non private equity alternative investments, including real estate | X |
| Any other asset classes not mentioned above | X |