Wellington Management seeks to attract and retain the world’s best investment and relationship management talent, in aiming to deliver investment returns and service levels that exceed our clients’ expectations. Beyond attracting great talent, we seek to have the same portfolio manager and relationship manager assigned to a client for many years. This continuity in our talented professionals assigned to each client allows institutional memory to develop and enables us maximize investment returns while accommodating an insurers operating needs. Our ownership model of being a private partnership affords our clients the benefit of stability and continuity that are so rare in today’s marketplace.
2019 YE — All values in USD billions — Definitions
Firm Information
Wellington Management Company
www.wellington.com/en
280 Congress Street, Boston, Massachusetts 02210
Rich Coffman
| rmcoffman@wellington.com |
617-951-5311 |
Service Offerings & Client Profiles
| Insurer Services | |||
|---|---|---|---|
| Investment Accounting Outsourcing | Y | 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 | Y |
Client Relationship Size
AUM Summary
| 3rd Party General Account | Public | Private | Total |
|---|---|---|---|
| Fixed Income | 122.167 | – | 122.167 |
| Equities | 5.161 | 0.168 | 5.329 |
| Total | 127.328 | 0.168 | 127.496 |
| Firm | Public | Private | Total |
|---|---|---|---|
| Fixed Income | 530.629 | – | 530.629 |
| Equities | 584.107 | 40 | 624.107 |
| Total | 1,114.736 | 40 | 1,154.736 |
| Regions | 3P-GA | Firm |
|---|---|---|
| N America | 99.79 | 884.633 |
| Europe & UK | 12.794 | 111.165 |
| APAC | 8.088 | 71.596 |
| Offshore | 6.824 | 75.394 |
| Other | – | 11.948 |
AUM Details
| Public Fixed Income | 3P-GA | Firm |
|---|---|---|
| Cash/Short-Term | 3.429 | 65.916 |
| Governments & Agencies | 27.99 | 100.885 |
| Corporates | 39.037 | 210.482 |
| Municipals, Tax-Preferenced | 9.775 | 11.364 |
| Municipals, Taxable | 6.833 | 16.771 |
| Securitized – RMBS | 14.118 | 79.751 |
| Securitized – All Other | 10.043 | 24.705 |
| Convertibles | 0.005 | 0.354 |
| High Yield | 3.32 | 43.829 |
| Bank/Leveraged Loans | 0.738 | 8.048 |
| CLOs | 5.234 | 8.436 |
| Emerging Markets – Sovereigns | 1.236 | 8.876 |
| Emerging Markets – Corporates | 0.409 | 2.637 |
| Other | – | 3.64 |
| Public Equities | 3P-GA | Firm |
|---|---|---|
| Large Cap | 2.601 | 311.389 |
| Mid Cap | 0.833 | 170.657 |
| Small Cap | 1.152 | 141.301 |
| Global Developed Markets | 2.042 | 157.672 |
| Emerging Markets | 0.027 | 18.86 |
| Quant/Smart Beta | – | 5.142 |
| Mkt Neutral / Long-Short / Liquid Alts | 0.207 | 29.824 |
| Dividend-Tilt | 1.836 | 262.935 |
| Passive SMAs | – | – |
| Other | 0.151 | 10.573 |
| 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 | 0.064 | 2.774 |
| RE Equity | – | – |
| Infrastructure Equity | – | – |
| Hedge Funds | 0.104 | 32.187 |
| Other | – | 5.039 |
