- Introduction & Methodology
- Industry Trends
- Respondent Profile
- Defined Benefit Plans
- Portfolio Characteristics
- LDI Usage
- Provider Rankings
- Assets Under Management
- Clients
- Mandates
- Provider Profiles
- Allspring Global Investments
- BlackRock, Inc.
- Capital Group
- Columbia Threadneedle Investments
- Dodge & Cox
- Fiera Capital Corporation
- Income Research & Management ("IR+M")
- Insight Investment
- J.P. Morgan Asset Management
- KeyBank
- Legal & General Investment Management America, Inc.
- MetLife Investment Management (MIM)
- NISA Investment Advisors, LLC
- Pacific Investment Management Company LLC (PIMCO)
- Parametric Portfolio Associates
- SECOR Asset Management
- SLC Management
- Voya Investment Management Co. LLC
- Wellington Management Company LLP
Past Surveys
Provider Profiles
SLC Management
slcmanagement.com
Summary of Offering
For more than 30 years, SLC Management’s U.S. fixed-income portfolio management team has been managing risk-controlled, alpha-generating fixed-income asset management with creative, custom, LDI solutions, helping clients successfully manage their pension plans through all phases. SLC Management’s solutions team, comprised of actuaries and asset allocation specialists, focuses on LDI mandates. Recognizing each plan’s objectives and hurdles, they have developed solutions (i.e. cash-match/key rate matching to implementing derivative overlay portfolios) that target various interest rate and credit spread hedge ratios. The investment team blends government credit, IG private credit and securitized sectors to construct portfolios that can optimize alpha generation within the hedging construct, as defined by the solutions team.
Client Restrictions: The minimum for separate account size is flexible, but the stated minimum is $25 million. The minimum for fund account is $1 million, but the level of service changes based on asset size.
Business Summary (as of 06/30/2023)
| Total LDI clients | 87 |
| Total LDI mandates | 87 |
| Total LDI assets under management (US$) | $5.7B |
Regions With Active Mandates
| U.S. | |
| Canada | |
| U.K. | X |
| Continental Europe and Republic of Ireland | X |
| Asia | X |
| Australia | X |
| All other locations | X |
Sizes With Active Mandates
| <$500MM | |
| $500MM – $1B | X |
| >$1B – $5B | |
| >$5B – $10B | X |
| >$10B | X |
Regions With Asset Allocations
| U.S. | |
| Canada | |
| U.K. | X |
| Continental Europe and Republic of Ireland | X |
| Asia | X |
| Australia | X |
| All other locations | X |
Asset Classes With Asset Allocations
| Publicly Traded equities | X |
| Fixed income – Government only | X |
| Fixed income – Investment grade (BBB- or higher) credit | |
| Fixed income – Below investment grade credit | X |
| Fixed income – Multisector | |
| Fixed income – Other | X |
| Cash | X |
| Private equity | X |
| Non private equity alternative investments, including real estate | X |
| Any other asset classes not mentioned above | X |