2019 YE — All values in USD billions — Definitions
Firm Information
Insurance Gen Acct 3rd Party Insurance Gen Acct Affil Insurance Sep Acct All Other Firm AUM Total Firm AUM 30.093 164.506 3.727 140.337 338.663
Barings
www.barings.com 300 S Tryon St #2500 Charlotte, NC 28202
Director, Global Business Development
Service Offerings & Client Profiles
Insurer Services
Investment Accounting Outsourcing N ALM Partnering Y Customized Portfolio Reporting Y Regulatory Assistance Y Insurance Client Web Portal Y Strategic Asset Allocation Advice Y Peer Analytics Y Tactical Asset Alloc / Multi-Asset Portfolio Mgt Y Capital Modelling & Management Y Insurance Client Conferences Y Income & Cash Flow Projections Y ESG Specific Products Placed with Insurers N
Life Health Property Casualty Reinsurance (All Lines) Multi-Line Other Total Client Count 70 24 5 33 11 143
Client Relationship Size
<$250mn $250mn – $1bn $1 – $5bn 5 – $10bn >$10bn 119 15 7 1 1
AUM Summary
3rd Party General Account
Public Private Total
Fixed Income 22.946 3.284 26.23 Equities 3.634 0.228 3.862 Total 26.58 3.512 30.092
Firm
Public
Private
Total
Fixed Income 193.681 95.707 289.389 Equities 25.999 23.275 49.274 Total 219.68 118.982 338.663
Regions 3P-GA
Firm
N America 10.231 236.608 Europe & UK 3.088 47.501 APAC 14.763 49.647 Offshore 1.729 3.038 Other 0.282 1.869
AUM Details
Public Fixed Income 3P-GA
Firm
Cash/Short-Term 0.038 1.03 Governments & Agencies – 3.75 Corporates 13.729 106.429 Municipals, Tax-Preferenced – – Municipals, Taxable – – Securitized – RMBS – 0.427 Securitized – All Other – 0.466 Convertibles – – High Yield 2.028 12.252 Bank/Leveraged Loans 3.536 34.495 CLOs 2.333 15.53 Emerging Markets – Sovereigns 0.328 5.272 Emerging Markets – Corporates 0.006 3.863 Other 0.948 10.168
Public Equities 3P-GA
Firm
Large Cap – – Mid Cap – – Small Cap 0.024 2.845 Global Developed Markets 0.456 6.925 Emerging Markets 3.155 16.176 Quant/Smart Beta – – Mkt Neutral / Long-Short / Liquid Alts – – Dividend-Tilt – – Passive SMAs – – Other – 0.053
Private Fixed Income 3P-GA
Firm
Private Placements – Traditional 1.71 26.764 Corporate – Middle Market 0.776 11.306 RE – CMLs 0.063 0.66 RE – All Other Debt – 34.145 Infrastructure Debt 0.524 12.787 Structured – – High Yield – – Other 0.211 10.046
