- 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
MetLife Investment Management (MIM)
investments.metlife.com
Summary of Offering
MIM has provided corporate pension clients with liability-driven investing and long-duration investment management since 2000. The team has managed portfolios against public benchmarks, against custom LDI benchmarks and against liabilities. MIM uses credit research, trading and portfolio management strengths to build portfolios using investment-grade credit as the foundation. MIM portfolios are duration-neutral using bottom-up security selection to provide repeatable risk-adjusted returns.
MIM provides supporting LDI services, including use of Moody’s Analytics PFaroe defined benefit pension risk management, optimization and reporting system. PFaroe is the recognized leader in LDI for U.S. corporate pension plans.”
Client Restrictions: None
Business Summary (as of 06/30/2023)
| Total LDI clients | 65 |
| Total LDI mandates | 86 |
| Total LDI assets under management (US$) | $34.2B |
Regions With Active Mandates
| U.S. | |
| Canada | X |
| U.K. | X |
| Continental Europe and Republic of Ireland | X |
| 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 | X |
| 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 | X |
| Cash | X |
| Private equity | X |
| Non private equity alternative investments, including real estate | X |
| Any other asset classes not mentioned above | X |