NEW YORK (AP) — MetLife rolled out an asset management business focused on real estate and private-placement debt, hoping to draw yield-starved institutional investors to areas where it already has considerable experience.
The life insurer said its MetLife Investment Management business will cater to insurance companies, pension plans and other large investors with the promise of better long-term returns than are available elsewhere.
The launch, coming at a time when investors remain stymied by low interest rates, follows what MetLife said was an extensive study of market opportunities and research with investors, consultants and others.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.