2019 YE — All values in USD billions— Definitions
Firm Information
Income Research & Management (“IR+M”)
www.incomeresearch.com
100 Federal Street, Boston, MA 02110
Rob Lund, CFA
Senior Vice President, Client Portfolio Manager
| rlund@incomeresearch.com |
617-330-9333 |
Service Offerings & Client Profiles
| Insurer Services | |||
|---|---|---|---|
| Investment Accounting Outsourcing | N | ALM Partnering | N |
| Customized Portfolio Reporting | Y | Regulatory Assistance | Y |
| Insurance Client Web Portal | N | Strategic Asset Allocation Advice | N |
| Peer Analytics | Y | Tactical Asset Alloc / Multi-Asset Portfolio Mgt | N |
| Capital Modelling & Management | N | Insurance Client Conferences | N |
| Income & Cash Flow Projections | Y | ESG Specific Products Placed with Insurers | N |
Client Relationship Size
AUM Summary
| 3rd Party General Account | Public | Private | Total |
|---|---|---|---|
| Fixed Income | 10.195 | – | 10.195 |
| Equities | – | – | – |
| Total | 10.195 | – | 10.195 |
| Firm | Public | Private | Total |
|---|---|---|---|
| Fixed Income | 75.105 | – | 75.105 |
| Equities | – | – | – |
| Total | 75.105 | – | 75.105 |
| Regions | 3P-GA | Firm |
|---|---|---|
| N America | 9.439 | 73.542 |
| Europe & UK | – | 0.456 |
| APAC | – | 0.223 |
| Offshore | 0.756 | 0.863 |
| Other | – | 0.021 |
AUM Details
| Public Fixed Income | 3P-GA | Firm |
|---|---|---|
| Cash/Short-Term | 0.06 | 0.634 |
| Governments & Agencies | 2.571 | 18.277 |
| Corporates | 4.205 | 36.67 |
| Municipals, Tax-Preferenced | 0.318 | 5.402 |
| Municipals, Taxable | 0.14 | 1.19 |
| Securitized – RMBS | 0.842 | 4.415 |
| Securitized – All Other | 1.728 | 8.175 |
| Convertibles | 0.33 | 0.341 |
| High Yield | – | – |
| Bank/Leveraged Loans | – | – |
| CLOs | – | – |
| Emerging Markets – Sovereigns | – | – |
| Emerging Markets – Corporates | – | – |
| Other | 0.016 | – |
| Public Equities | 3P-GA | Firm |
|---|---|---|
| Large Cap | – | – |
| Mid Cap | – | – |
| Small Cap | – | – |
| Global Developed Markets | – | – |
| Emerging Markets | – | – |
| Quant/Smart Beta | – | – |
| Mkt Neutral / Long-Short / Liquid Alts | – | – |
| Dividend-Tilt | – | – |
| Passive SMAs | – | – |
| Other | – | – |
| Private Fixed Income | 3P-GA | Firm |
|---|---|---|
| Private Placements – Traditional | – | – |
| Corporate – Middle Market | – | – |
| RE – CMLs | – | – |
| RE – All Other Debt | – | – |
| Infrastructure Debt | – | – |
| Structured | – | – |
| High Yield | – | – |
| Other | – | – |
| Private Equity, Equity Alts | 3P-GA | Firm |
|---|---|---|
| PE / VC | – | – |
| RE Equity | – | – |
| Infrastructure Equity | – | – |
| Hedge Funds | – | – |
| Other | – | – |
