Benefits
- Have clear knowledge of how insurance companies are using third party investment managers to manage general account assets
- Know the types of mandates being outsourced (asset class/style) and investment
vehicles used (mutual fund, separate account, ETF, etc.)
- Know which investment firms are being retained for specific types of mandates
The “Tracker” database captures information about each individual insurance mandate that is outsourced. Users gain insights on outsourcing behavior specific to asset class/style (core fixed income, high yield, mid cap value equity, real estate, etc.), market segment (P&C between $100mm and $1B, etc.), investment manager, consultant firm and more.
- Modeled after our firm’s Tracker Hiring Analytics, a research tool used by institutional investors since 1989.
- Data is populated by insurance companies (reporting mandates they have outsourced) and investment managers (reporting mandates won). The specific insurance company placing the assets is
anonymous and categorized only by size range, company type and ownership (mutual, public stock, fraternal, etc).
- Insurance companies have access at no charge if they submit data.
How You Can Use Insurance Asset Tracker
(Simulated Data; US $Million)
Hedge Fund of Funds Placements
All Companies by Year |
Time
Period |
# of
Plcmts. |
Total
$Plcd. |
Avg
$
Plcd. |
Medium
$Plcd. |
| 2006 |
42 |
5296 |
$1261 |
$63 |
| 2007 |
74 |
7,512 |
$105.8 |
$25 |
2008
Q1 & Q2 |
40 |
1,603 |
$51.7 |
$15 |
| Total |
156 |
$14,411 |
$100.1 |
$40 |
| Caution: Simulated data |
|
Fixed Income -By Style
Life/Health Companies in 2008 |
Investment
Style |
% of
Plcmts. |
% of
$Plcd. |
Avg
$
Plcd. |
Medium
$Plcd. |
| Core |
44.7 |
48.8 |
$141.1 |
$53 |
| Core Plus |
6.6 |
13.6 |
$343.3 |
$200 |
| CMO/CMBS/CDO |
0.3 |
0.0 |
$3.0 |
$3 |
| Government |
1.2 |
0.3 |
$34.3 |
$39 |
| High Yield |
33.0 |
23.9 |
$99.5 |
$60 |
| Municipal |
3.3 |
6.4 |
$274.4 |
$305 |
| Asset-Backed |
4.8 |
2.1 |
$60.4 |
$21 |
| Long Term |
0.3 |
0.1 |
$30.0 |
$30 |
| Mort-Backed |
3.0 |
2.7 |
$116.3 |
$45 |
| Short Term |
2.7 |
2.1 |
$126.7 |
$17 |
| Group Total |
100.0 |
100 |
|
|
| Caution: Simulated data |
|
Core Active Fixed Income Placements in 2007
All US Insurance Companies - By Consultant Firm Involvement
|
| Consultant |
# of Plcmts. |
% of
Plcmts |
$ Plcd. |
% of Total |
| Strategic Asset Alliance |
29 |
63.0 |
15500 |
72.8 |
| Cardinal |
4 |
9.7 |
2200 |
10.3 |
| Wells-Canning |
4 |
9.7 |
1900 |
8.9 |
| FUND EVAL GROUP |
4 |
9.7 |
1100 |
5.2 |
| WILSHIRE |
1 |
2.2 |
300 |
1.4 |
| Other |
1 |
2.2 |
55 |
0.3 |
| Total |
3 |
6.5 |
225 |
1.1 |
| |
46 |
100.0 |
21280 |
100.0 |
International (Ex-US) Equity Index Placements in 2007
By Manager |
| Manager |
# of
Placements |
% of Total
Placements |
| Northern Trust Global |
5 |
45.5 |
| AQR Capital Management |
2 |
18.2 |
| State Street Global Adv. |
2 |
18.2 |
| Barclays Global Investors |
2 |
18.2 |
| Total |
11 |
100 |
| Caution: Simulated data |
|
Hedge Fund of Funds Placements 2006
Through 2008 Q1 and Q2 - By Manager
|
| Manager |
# of
Placements |
% of Total
Placements |
| Entrust |
13 |
16.5 |
| Grosvenor Capital Mgmt |
9 |
11.4 |
| Wellington Mgmt |
6 |
7.6 |
| Pacific Alt Asset Mgmt |
6 |
7.6 |
| Blackrock Financial Mgmt |
5 |
6.3 |
| Mariner Investment Group |
4 |
5.1 |
| Cadogan Mgmt |
3 |
3.8 |
| JP Morgan Asset Mgmt |
3 |
3.8 |
| Other |
30 |
38.0 |
| Total |
79 |
100.0 |
| Caution: Simulated data |
|