Through the marriage of deep value credit research and Loomis Sayles' investment team's approach of incorporating a robust top-down macro view to understand risk, Insurance Asset Risk's multi-asset manager of the year has proven to be experts in the industry.

Created in 2018, the Loomis Sayles Insurance Solutions business has nearly doubled it assets under management to $19bn in four years. The manager's multi-asset investment process considers that insurance clients have unique concerns, whether it's their gain/loss budget or book-yield oriented mandates.

Using its multi-asset credit strategy, Loomis Sayles identifies areas of value across the fixed income market and balances insurers' individual constraints while optimizing these allocations to meet their book yield objectives or achieve a high risk-adjusted income, harnessing the research capabilities from both the fixed income and macro side. This investment style identifies where each country and industry is trading within their own credit cycle.

Loomis Sayles can identify asset bubbles better within multi-asset credit, using a top-down approach through its proprietary Crisis Sensitivity Ratio, which highlights increasing probabilities of a crisis. By monitoring market fragility across global asset classes, the manager can understand what is driving valuations and gain the insights to contribute to decision-making and positioning.