- 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
Pacific Investment Management Company LLC (PIMCO)
pimco.com
Summary of Offering
PIMCO is the leading provider of LDI and pension de-risking solutions across a range of strategies. PIMCO’s large footprint in this space has benefitted clients in the following ways:
- Dedicated resources across a range of disciplines (actuarial science, asset allocation, risk, derivatives, credit research etc.);
- Expanded technology resources and analytics helps in designing custom solutions, better asset-liability monitoring and making frequent adjustments to portfolios;
- The large and global footprint has meaningful advantages in delivering robust trade execution and management of transaction costs; and
- Exposure to a wide range of solutions / strategies, and the ability to research and examine what works, and what doesn’t.
Client Restrictions: All clients are welcome. The minimum portfolio size for an LDI separate account is $75 million. For clients who do not meet the separate account minimum, they can get LDI exposure via PIMCO’s suite of mutual funds.
Business Summary (as of 06/30/2023)
| Total LDI clients | 243 |
| Total LDI mandates | 323 |
| Total LDI assets under management (US$) | $173.8B |
Regions With Active Mandates
| U.S. | |
| Canada | |
| U.K. | |
| 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 | |
| >$10B | X |
Regions With Asset Allocations
| U.S. | |
| Canada | |
| U.K. | |
| 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 | |
| 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 |