- 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
Conning
https://www.conning.com
Summary of Offering
The cornerstone of Conning’s LDI philosophy is disciplined pension risk management. It believes a robust LDI strategy should have a clear understanding of its risk appetite to develop a risk budget that reflects the considerations of the plan’s various stakeholders, anticipated contribution amounts, and where the plan may be in its de-risking glide path. As a result, it believes each plan requires a customized solution that addresses its unique needs.
Client Restrictions: None
Business Summary (as of 06/30/2021)
| LDI clients as of 06/30/2021: | 7 |
| LDI mandates as of 06/30/2021: | 7 |
| LDI assets under management ($USD) as of 06/30/2021: | $880MM |
Regions With Active Mandates
| US | |
| Canada | |
| UK | |
| Continental Europe and Republic of Ireland | |
| Asia | |
| Australia | |
| All other locations |
Client Satisfaction
| # of ratings/responses received | 2 |
Satisfaction With Overall Offering
| Very Satisfied (9s and 10s) | NA |
| Mostly Satisfied (7s and 8s) | NA |
| Somewhat Satisfied (5s and 6s) | |
| Only a Little Satisfied (3s and 4s) | NA |
| Dissatisfied ( < 2) | NA |
Average Satisfaction Scores by Category
| Is responsive to general inquiries | NA |
| Meets objectives related to risk and return | NA |
| Proactively provides new ideas/solutions and shares knowledge | NA |
| Estimates daily liability | NA |
| Has accessible investment team | NA |
| Provides timely and detailed funded status attribution | NA |
| Provides timely performance reporting | NA |
| Offers daily interest rate hedge ratio estimation | NA |
| Customizes portfolio to specific client needs | NA |
NA = “Not Available”