Andrew Coupe was featured in an Institutional Investor article - you can view the full piece here.
It’s a changing world for insurance companies. Their reliance on fixed income is at odds with the lower for longer (and longer and longer) era, but insurers haven’t stood still. Their investment strategies are being reconsidered, and they’ve become so good at understanding their liquidity issues that they can survive and indeed thrive during economic shocks such as that brought on by the COVID-19 pandemic – assuming they were prepared for the challenge. Still, yield and income remain critical components for insurers, and a reconsideration of their core fixed income portfolio should include serious conversations about investment grade (IG) private credit, often known as private placements. In short, it’s where the yield is.