- 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
- Fidelity Investments
- Goldman Sachs Asset Management
- Insight Investment
- LGIM America1
- NISA Investment Advisors, LLC
- PIMCO
- PGIM Fixed Income
- Russell Investments
- Wellington Management Company, LLP
- Western Asset Management Company, LLC
Past Surveys
Vendor Details
BlackRock, Inc.
www.blackrock.com/institutions/en-us/strategies/fixed-income/liability-driven-investing
Summary of Offering
BlackRock LDI provides defined benefit (DB) plan sponsors with the power and flexibility of one of the most comprehensive fixed-income platforms in the world, combined with proprietary asset-liability-focused technology.
LDI has been an integral part of serving corporate pensions at BlackRock for more than 25 years and represents the intersection of the firm’s core competencies of investment management, technology, innovation, and client-centered solutions.
Client Restrictions: None
Business Summary (as of 06/30/2021)
| Total LDI clients | 574 |
| Total LDI mandates | 697 |
| Total LDI assets under management (US$) | $504.1B |
Regions With Active Mandates
| US | |
| Canada | |
| UK | |
| Continental Europe and Republic of Ireland | |
| Asia | |
| Australia | |
| All other locations |
Client Satisfaction
| # of ratings/responses received | 26 |
Satisfaction With Overall Offering
| Very Satisfied (9s and 10s) | 50% |
| Mostly Satisfied (7s and 8s) | 42% |
| Somewhat Satisfied (5s and 6s) | 4% |
| Only a Little Satisfied (3s and 4s) | 4% |
| Dissatisfied ( < 2) | 0% |
Average Satisfaction Scores by Category
| Is responsive to general inquiries | 8.44 |
| Meets objectives related to risk and return | 8.88 |
| Proactively provides new ideas/solutions and shares knowledge | 7.85 |
| Estimates daily liability | 6.91 |
| Has accessible investment team | 7.83 |
| Provides timely and detailed funded status attribution | 7.29 |
| Provides timely performance reporting | 8.37 |
| Offers daily interest rate hedge ratio estimation | 6.86 |
| Customizes portfolio to specific client needs | 8.28 |
NR = “Not Reported”