Mind the (Asset-Liability) Gap… Building Flexible Multi-Sector Portfolios
An active core fixed income model can help insurers manage changing business conditions when unexpected macro volatility hits.
An active core fixed income model can help insurers manage changing business conditions when unexpected macro volatility hits.
With attractive yields, robust covenant protection, and a surprising amount of liquidity, investment grade private credit is a growing favorite of both investors and borrowers.
Whereas Frost took the road less traveled, we insurance portfolio managers can take two (or more!) roads at once as we forge a path that delivers on our investment objectives.
Bank lending and deal flow on the decline, economic stress on the rise and some of the best yields our teams have seen. It’s a surprisingly good time for private credit.
Adding durable, low-cost external leverage to lower-volatility assets via the FHLB system can be an attractive way to enhance risk-adjusted return potential versus owning higher-volatility assets with more embedded leverage directly on insurance company balance sheets.