- 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
Industry Trends
LDI Usage
De-risking Triggers
| Triggers pre-defined and automatically executed when reached | 8% |
| Triggers pre-defined but discretionary | 51% |
| No triggers but considering adding them in the future | 8% |
| No triggers and no plans to add triggers | 32% |
Factors Inhibiting Implementations of LDI Approaches
|
Not at all
|
Only Slightly
|
Somewhat
|
Moderately
|
Substantially
|
|
| Funded status | 42% | 12% | 24% | 6% | 15% |
| Interest rate environment | 24% | 24% | 27% | 9% | 15% |
| Affordability of de-risking to wider stakeholders | 38% | 10% | 24% | 10% | 17% |
| See greater potential in growth assets | 26% | 26% | 23% | 16% | 10% |
| Lack of leadership support | 53% | 7% | 17% | 10% | 13% |