FYI: In St. Louis, Missouri, active manager NISA Investment Advisors has attracted $45 billion in net new assets over the last two years, growing by nearly one third.
This makes for a striking exception to the malaise of the overall traditional active management industry, which has bled client assets to passive and alternatives firms. For the fourth quarter of 2018 alone, Moody’s calculated $90 billion in outflows from 13 major fund managers.
NISA specializes in liability-driven investing, a derivatives-heavy de-risking strategy favored by corporate pension plans. Founded in 1994, the employee-owned firm managed $199 billion in physical assets at the end of last year.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1fr9b3mq37lcr/The-Traditional-Active-Manager-That-s-Raking-in-Assets NISA Investment Advisors Website:
https://www.nisa.com/about/
