New England Asset Management Inc.
New England Asset Management, Inc. (NEAM), headquartered in Farmington, Connecticut, is a specialized asset manager primarily serving insurance companies. The firm develops investment strategies tailored to the unique regulatory, accounting, and risk management needs of insurance institutions. NEAM was founded in 1984 and is a subsidiary of General Re, which is part of the Berkshire Hathaway group. The firm employs approximately 112-122 professionals and manages assets on behalf of a global client base, with most assets under management for insurance clients.
Investment Strategy
NEAM focuses on providing customized investment management solutions for insurance companies, integrating portfolio construction with the specific accounting, regulatory, and risk requirements of each client. Their approach emphasizes asset-liability management, capital efficiency, and regulatory compliance, investing primarily in fixed income and public securities portfolios that match the unique liability profile of insurance institutions. The firm is committed to partnership and long-term value creation by aligning its investment process with the strategic and operational goals of its insurance clients.
Top Holdings
Equity Positions (122)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 11.19% | $71.9M | 116,424 | $209.80 | $617.85 | +$652.9K |
I IEFA | ISHARES TR | 5.36% | $34.4M | 412,655 | $67.27 | $83.48 | +$7.4M |
V VYM | VANGUARD WHITEHALL FDS | 5.11% | $32.9M | 246,580 | $104.75 | $133.31 | +$755.4K |
I IDEV | ISHARES TR | 3.82% | $24.6M | 323,285 | $70.39 | $76.04 | +$16.5M |
V VTI | VANGUARD INDEX FDS | 3.42% | $22.0M | 72,415 | $113.08 | $303.93 | +$2.1M |