Nuveen Asset Management is to use RiskFirst’s web-based analytics system, PFaroe, to deliver customised investment strategies.

The move will help Nuveen’s efforts in the liability driven investment (LDI) space, in anticipation of a $1 trillion move from equities to long duration bonds over the next five years.

The technology will be specifically used by Nuveen Asset Management’s recently formed Institutional Solutions Group, to help craft investment strategies for defined benefit pension plans, public funds, foundations and endowments, insurance companies and other institutional investors.

David Wilson, head of the Institutional Solutions Group, explained: “As we built our technology platform, we found that there were good analytics systems on the asset side, and good pension liability systems, but there were very few that pulled both sides of the equation together on one platform – something we deemed essential to efficiently design LDI strategies on behalf of clients of all sizes.

“PFaroe does this, while also offering insight into the key risks that pension plans should be concerned with, all displayed in a user-friendly fashion.”

Matthew Seymour, managing director, RiskFirst, added: “Nuveen has a distinguished history of innovation and dedication to investment in best-in-class technology, and we are therefore delighted that they have chosen PFaroe as the tool to help them better service their institutional clients and win new business.”

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