Defined benefit plans
We have worked with defined benefit (DB) plan sponsors for more than 40 years, and today we manage money for hundreds of corporate and public plans worldwide.
DIFFERENT PATHS FOR CORPORATE AND PUBLIC PLANS
The investment practices of corporate and public plans have evolved in recent years. Corporate plans are increasingly focused on liability-driven investing (LDI), while many public plans are in return-seeking mode. We have tailored our investment capabilities to meet each of these distinct needs.
PARTNERING WITH CORPORATE PLANS ON LDI SOLUTIONS
Each corporate plan has unique challenges. Our dedicated LDI team of actuaries, multi-asset strategists and fixed income investors consults with plans on the design and implementation of plan-specific solutions, bringing to bear innovative research and investment ideas.
We combine this deep LDI specialisation with our firm’s multi-asset capabilities, including a full spectrum of investments for liability-matching and return-seeking allocations.
Learn more about our LDI capabilities.
HELPING PUBLIC PLANS CLOSE THE RETURN GAP
Many public plans have return targets that pose a high hurdle when compared with capital market return expectations. We think plans can address this gap through a “stepping stones” approach: making incremental changes that can potentially improve returns without significantly increasing risk. Examples include:
- Making more effective use of active strategies
- Investing thematically to take advantage of secular trends
- Mitigating downside risk to help smooth the path to a return target
To help public plans implement the right steps for their needs, we draw on our firm’s multi-asset research and investment solutions. Learn more about our stepping stones approach.