Fixed Income Mgmt.: Fee Comparison
As a resource for insurers, we've compared fixed income investment management fees, across various portfolio sizes, among managers in the insurance space.
Quarterly Investment Review for Insurers: Q4-2025
Big picture: Q4 ended with the U.S. economy still expanding but cooling from a very strong Q3. Inflation kept easing overall, yet the “sticky” parts (housing- and service-heavy categories) stayed stubborn. Markets generally behaved like stability would continue—while the risk list (policy, geopolitics, and a few true wildcards) stayed very real.
Even if underwriting and reserving trends stay “as expected,” there are a few portfolio-side reasons that could justify the consideration of an allocation change coming out of December/Q4 2025. None of these require a dramatic market call; they’re mostly about income, resilience, and optionality.
