InsuranceAUM.com

Episode 218: Executive Spotlight: Craig Husting – CIO at The Public School and Education Employee Retirement Systems of Missouri

On today’s episode of the InsuranceAUM.com podcast, Stewart Foley. CFA sits down with Craig Husting, CIO at The Public School and Education Employee Retirement Systems of Missouri, also known as Missouri Teachers. Craig shares his mission and critical priorities for managing the pension benefits for Missouri Teachers, and dives deep into public asset management.

Episode 217: Executive Spotlight: Anthony Minopoli – Executive Vice President & Chief Investment Officer

This week on the InsuranceAUM.com podcast, Stewart Foley talks to Tony Monopoly, Executive Vice President, Chief Investment Officer at the Knights of Columbus. Tony shares the history of the Knights of Columbus, ably takes on his “math professor for a day” status to unpack concepts and terms like convexity and its impact on portfolio modeling.  And Tony reminds us of the people behind the powerful mission at Knights of Columbus. Prepare to be educated and inspired!

Find Anthony Monopoly on LinkedIn: https://www.linkedin.com/in/david-ross-a632a637/?originalSubdomain=uk

Find Stewart Foley on LinkedIn: https://www.linkedin.com/in/stewartfoley/

Find more thought leadership from the smartest minds in Insurance Asset Management at InsuranceAUM.com and https://www.linkedin.com/company/insurance-aum-journal/mycompany/

Episode 216: CIO Spotlight: Michael Goosay, CIO and Global Head of Fixed Income at Principal Asset Management

Today on the InsuranceAUM.com podcast, Stewart Foley sits down with Michael Goosay, CIO and Global Head of Fixed Income, and a Portfolio Manager at Principal Asset Management. Michael shares his journey from a paperboy in Clark Summit, PA, to a key player in the world of finance. Tune in to hear how that early, character-building experience translates to the managing risks in the world of fixed income investing. 

Find Michael Goosay on LinkedIn: https://www.linkedin.com/in/michael-goosay-412b043/ 

Find Stewart Foley on LinkedIn: https://www.linkedin.com/in/stewartfoley/ 

Find more thought leadership from the smartest minds in Insurance Asset Management at InsuranceAUM.com and https://www.linkedin.com/company/insurance-aum-journal/mycompany/ 

 

Episode 215: Current Perspectives on Securitized Credit

Today on the InsuranceAUM.com podcast, Stewart Foley speaks with Jean-Marc Breaux, Sector Portfolio Manager Fixed Income Division at T. Rowe Price. Stewart and Jean-Marc take a deep dive into the current state of securitized credit as Jean-Marc shares his unique perspective on this asset class.

Episode 214: Specialty Finance: Low-Correlation Opportunities Lie in Niche Segments

On this episode of the InsuranceAUM.com podcast, Stewart Foley talks to David Ross, Managing Director and head of private credit at Northleaf Capital. Get ready to dive deep into a specialty component of private credit -- asset-backed specialty finance -- and to unpack the correlation between private credit and the broader fixed income market. David shares unique insights on the intersection between diversifications and the Music Modernization Act and makes it clear what’s so cool about Insurance Asset Management.

Find David Ross on LinkedIn: https://www.linkedin.com/in/david-ross-a632a637/?originalSubdomain=uk

Find Stewart Foley on LinkedIn: https://www.linkedin.com/in/stewartfoley/

Find more thought leadership from the coolest minds in Insurance Asset Management at InsuranceAUM.com and https://www.linkedin.com/company/insurance-aum-journal/mycompany/

Episode 213 - Fact vs. Fiction? Tackling the Tough Questions about EM Corporates for Insurers

Welcome to another edition of the InsuranceAUM.com podcast. We are joined today by Elisabeth Colleran, portfolio manager for Emerging Market Debt Portfolios at Loomis Sayles. 

Episode 212: Building Flexible Multi-sector Portfolios

In this episode of the InsuranceAUM.com Podcast, host Stewart Foley sits down with Jeffrey Hobbs, CFA, Head of Insurance Portfolio Management at Voya Investment Management. Join us as we dive deep into the dynamic world of insurance asset management, exploring how market trends, liquidity needs, and investment strategies are evolving in response to the current economic landscape. Jeffrey shares his expertise on navigating the higher-for-longer interest rate environment, offering valuable insights into how insurance companies can manage their portfolios effectively amid this backdrop.

We also discuss the growing importance of private credit and the opportunities in commercial real estate, sectors that are becoming increasingly relevant for insurance asset managers. Jeffrey provides a comprehensive overview of Voya's approach to balancing the needs of their general account with those of third-party clients, emphasizing the importance of active management and strategic allocation. Additionally, Jeffrey recounts his personal journey in the industry, sharing anecdotes and career advice for young professionals.

Tune in to gain valuable perspectives on managing insurance portfolios in today's evolving market and to learn from one of the industry's leading experts.

Episode 211: CMLs - The Benefits of Time Tested Experience and In-House Servicing

In this insightful episode of the InsuranceAUM.com Podcast, host Stewart Foley explores the dynamic world of Commercial Mortgage Loans (CMLs) with industry experts Karissa Anderson and Sarah Swartzendruber from Aegon Asset Management. Karissa, the Head of CML Production, and Sarah, the Managing Director of US Real Estate Asset Management, delve into why CMLs are a compelling option for insurance companies, offering benefits such as liability duration matching, capital efficiency, and cash flow stability.

The discussion also covers the recent market shifts affecting CML origination and allocation, the importance of tailored underwriting to meet specific client needs, and the impact of reduced bank lending activity on the market. Karissa and Sarah share their strategies for managing loan workouts and emphasize the value of in-house servicing teams in maintaining close relationships with borrowers. This episode provides a comprehensive overview of the opportunities and challenges in the CML market, making it a must-listen for anyone involved in insurance asset management.

Episode 210: Asset-Based Lending for Insurers with PIMCO’s Kris Kraus, Portfolio Manager & Co-Head of Specialty Finance

In this episode of the InsuranceAUM.com Podcast, host Stewart Foley sits down with Kris Kraus, Portfolio Manager and Co-Head of Specialty Finance at PIMCO, to delve into the evolving world of asset-based lending and specialty finance. Kris shares his journey from growing up in Northern California to his current role at PIMCO, highlighting the unique aspects of insurance asset management.

The conversation covers the definition and scope of specialty finance, its rapid growth since the Global Financial Crisis (GFC), and why it remains a compelling investment opportunity. Kris explains the intersection of market forces that make specialty finance a secular trend rather than a fleeting opportunity. He also discusses the impact of regulatory changes, such as Basel III and CECL, on bank lending and how insurance companies can benefit from these shifts.

Stewart and Kris explore the intricacies of sourcing deals, the role of non-bank originators, and the importance of structuring investments to meet insurance-specific criteria. This episode provides valuable insights for insurance investors looking to navigate the specialty finance landscape and capitalize on the current market dynamics. Tune in for an in-depth discussion on the strategies and opportunities in asset-based lending for insurers.

Episode 209: Modernizing the NAIC’s investment risk oversight framework

In this engaging episode of the InsuranceAUM.com Podcast, host Stewart Foley welcomes Commissioner Nathan Houdek, the Commissioner of Insurance for the State of Wisconsin and Chair of the NAIC (E) Committee, alongside Amnon Levy, Founder and CEO of Bridgeway Analytics. Together, they dive into the critical topic of insurance regulation, focusing on the significant long-term initiative to revamp investment risk oversight.

Commissioner Houdek provides insights into the evolving landscape of insurance investments post-Great Financial Crisis, the increasing reliance on private and structured assets, and the regulatory challenges these changes present. Amnon Levy adds depth to the discussion, exploring the complexities of credit rating agency reliance, the importance of transparency, and the mechanisms for prudent use of agency ratings.

Listeners will gain a comprehensive understanding of the NAIC's (E) Committee’s modernization efforts, the role of the Securities Valuation Office (SVO), and the planned enhancements to portfolio risk analysis capabilities. This episode is a must-listen for anyone interested in the intricacies of insurance regulation and the proactive steps being taken to ensure insurer solvency and consumer protection.