2020 Liability-Driven Investment Survey

Vendor Details


Goldman Sachs Asset Management
www.gsam.com

Summary of Offering

Goldman Sachs Asset Management (GSAM) has created a preeminent asset-liability management platform. The partnership between former actuaries, fixed income portfolio managers and asset liability strategists coupled with connectivity between systems and infrastructure, provides an efficient, cost effective and precise liability hedging solution. GSAM develops customized LDI programs based on a client’s strategic objectives with a focus on capital efficiency, hedge effectiveness, and risk mitigation and attribution. GSAM’s clients have benefited through a 99% average hedge effectiveness as well as excess returns on a 1, 3 and 5 year basis. GSAM has significant Pension Risk Transfer (PRT) experience including several of the largest annuitizations in US history.

Client Restrictions: None

Business Summary (as of 06/30/2020)

Total LDI clients 91
Total LDI mandates 177
Total LDI assets under management ($USD) $153,243MM

Regions With Active Mandates

U.S.
Canada
U.K.
Continental Europe and Republic of Ireland
Asia
Australia
All other locations

Client Satisfaction

# of ratings/responses received 39

Satisfaction with Overall Offering

5 = Extremely satisfied 69%
4 23%
3 8%
2 0%
1 = Unsatisfied 0%

Average Satisfaction Scores by Category

Responsiveness to inquiries 4.61
Ability to meet risk management objectives 4.32
Provides new ideas and solutions 4.26
Is proactive and shares knowledge 4.32
Access to investment team 4.66
Timely/detailed status attribution 4.41
Performance report 4.34
NR = “Not Reported”
1 14 15 16 17 18 25