- Introduction & Methodology
- Industry Trends
- Respondent Profile
- Defined Benefit Plans
- Portfolio Characteristics
- LDI Usage
- Vendor Ratings
- Service Satisfaction
- Top 5 Listings
- Vendor Details
- BlackRock, Inc.
- Capital Group
- Conning
- Dodge & Cox
- FIAM LLC
- Goldman Sachs Asset Management
- Insight Investment
- Jennison
- LGIM America1
- Loomis Sayles
- NISA Investment Advisors
- PIMCO
- Prudential
- Wellington Management
- Western Asset Management Company, LLC
Past Surveys
Industry Trends
Average Asset Allocation
| 2020 | |
| Publicly-traded equities | 31% |
| Fixed Income | 54% |
| Cash | 2% |
| Private equity | 4% |
| All other asset classes not mentioned above | 9% |
Use of Derivatives
| 2020 | |
| Currently using derivative overlays to help manage risk | 55% |
| Not currently using but are actively considering | 5% |
| Not currently considering now but expect to consider in the future | 18% |
| Not currently using and do not expect to consider | 22% |
Average Duration, In Years
| 2020 | |
| Average duration of total liabilities | 13.8 |
| Average duration of fixed income portfolio | 15.6 |