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 50.256 87.603 – 77.694 215.552
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 N 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 52 19 24 – 1 96
Client Relationship Size
<$250mn $250mn – $1bn $1 – $5bn 5 – $10bn >$10bn 64 20 11 – 1
AUM Summary
3rd Party General Account
Public Private Total
Fixed Income 46.888 3.308 50.197 Equities 0.034 0.025 0.059 Total 46.922 3.333 50.256
Firm
Public
Private
Total
Fixed Income 184.982 16.471 201.453 Equities 13.51 0.589 14.099 Total 198.492 17.06 215.552
Regions 3P-GA
Firm
N America 45.521 183.251 Europe & UK 1.926 8.283 APAC 0.082 0.641 Offshore 2.727 23.377 Other – –
AUM Details
Public Fixed Income 3P-GA
Firm
Cash/Short-Term 1.026 4.524 Governments & Agencies 10.483 39.672 Corporates 18.763 47.268 Municipals, Tax-Preferenced 1.053 5.176 Municipals, Taxable 2.44 9.849 Securitized – RMBS 0.531 5.413 Securitized – All Other 5.261 22.448 Convertibles – – High Yield 0.731 6.991 Bank/Leveraged Loans 3.186 16.685 CLOs 1.715 10.105 Emerging Markets – Sovereigns 0.202 5.049 Emerging Markets – Corporates – – Other 1.497 11.803
Public Equities 3P-GA
Firm
Large Cap 0.034 8.676 Mid Cap – 0.914 Small Cap – 0.57 Global Developed Markets – – Emerging Markets – – Quant/Smart Beta – – Mkt Neutral / Long-Short / Liquid Alts – – Dividend-Tilt – – Passive SMAs – – Other – 3.35
Private Fixed Income 3P-GA
Firm
Private Placements – Traditional 1.609 5.33 Corporate – Middle Market 1.499 2.694 RE – CMLs 0.036 7.133 RE – All Other Debt – 0.048 Infrastructure Debt – – Structured – – High Yield – – Other 0.165 1.267
