Highly commended: RBC
Highly commended: London & Capital
Highly commended: CapVisor
Performa is a 100 percent employee-owned asset management firm focused on providing customised investment solutions for captive insurance companies and institutional investors. It has been managing captive balance sheet assets for more than 25 years, tailoring its offering specifically for captives, with respondents describing its business proposition as unparalleled. The firm was originally established in Bermuda to serve the offshore captive insurance and reinsurance markets. In 2012 it turned its focus to the US market with its offices in Burlington, Vermont and Charleston, South Carolina.
RBC offers captives asset management services via its Hamilton Withrow Group, within its wealth management division. With individual specialisations across a variety of financial disciplines, it says the client strategies team serves as a unique resource to RBC Wealth Management financial advisors. Its clients and advisors benefit from the collective expertise of this team, and their ability to help enhance the effectiveness of wealth management strategies—from recommendations through delivery of solutions.
London and Capital offers investment solutions that are tailor-made to suit institutions’ needs, working strategically with institutional clients to identify their unique requirements and developing an entirely bespoke investment solution, it says. It manages over $1 billion on behalf of insurers and supranational organisations globally, with an advisor-led asset service that is a fully end-to-end proposition, from identifying client objectives and risk appetite, through portfolio construction and management to monitoring and reporting.
CapVisor is employee-owned and unaffiliated with firms that manage money for its clients. By separating “investment consulting” from “investment management”, it advises on a client’s investments only, meaning it avoids the conflicts inherent with providing advice and then implementing that advice. It says it is trusted by its clients to provide them with fair and balanced investment advice. An SEC-registered investment advisor, it has over 150 years combined experience working with insurance companies.