Vendor Details
FIAM’s key competitive advantages include:
- Fully integrated LDI strategy and long duration portfolio management teams
- Demonstrated experience managing over $18 billion in annuity-in-kind portfolios as of September 30, 2020
- Time-tested experience managing highly custom corporate portfolios that meet insurance specifications
- Trading capabilities designed to reduce annuity premiums driven by cost efficient execution and gaining exposure to ‘off the run’ bonds
- Experience with complex delivery mechanics of transaction closing
- Strong track record in corporate mandates supported by robust process
- Experienced team focused on the dynamic relationship between fixed income investing in the long end of the curve and strategy development of pension de-risking solutions
- Portfolio management and strategy team averages over 15 years of experience
- In-depth credit research across Fidelity franchise leads to reducing downside risk, especially critical with concentrated long corporate indices
- Strong track record managed across multiple custom credit benchmarks, ability to customize over time and still deliver alpha
Client Restrictions: Minimum for commingled pool = $5M; Minimum for separate account = $75M
| Total LDI clients |
102 |
| Total LDI mandates |
108 |
| Total LDI assets under management ($USD) |
$25,862MM |
| U.S. |
|
| Canada |
|
| U.K. |
|
| Continental Europe and Republic of Ireland |
|
| Asia |
|
| Australia |
|
| All other locations |
|
| # of ratings/responses received |
11 |
| 5 = Extremely satisfied |
27% |
| 4 |
46% |
| 3 |
27% |
| 2 |
0% |
| 1 = Unsatisfied |
0% |
| Responsiveness to inquiries |
3.91 |
| Ability to meet risk management objectives |
3.82 |
| Provides new ideas and solutions |
3.36 |
| Is proactive and shares knowledge |
3.82 |
| Access to investment team |
4.18 |
| Timely/detailed status attribution |
3.50 |
| Performance report |
3.91 |
