Wellington Management, 2024's multi-asset manager of the year, says that recognising no two insurers' investment portfolios are alike is key to its success, as well as its expanding multi-assets solutions platform.

To guide its management approach, Wellington uses proprietary models to project insurers' assets and liabilities over a variety of stochastic and deterministic scenarios. These models factor in insurance-specific constraints, such as surplus volatility, risk-based capital, and sustainability goals.

Another key plank of Wellington's approach to insurance SAA modelling is to link the investment and economic case for an asset class to the underlying business of their insurance clients. Such modelling helps Wellington answer the "so-what" question posed by clients when it comes to making investment decisions.

Leveraging its multi-asset portfolio management platform, Wellington aims to maintain an informed view on all asset classes, incorporating the broadest and most fitting investable assets into its analysis, while taking on the challenges posed by the market with flexibility and creativity.