New York Life Investments

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New York Life Investments
New York Life Insurance Company
Websitewww.newyorklifeinvestments.com

New York Life Investments is a U.S.

life-insurance company in the United States, and one of the largest life insurers in the world, ranking #71 on the 2023 Fortune 500 list.[2]

New York Life Investments offers

USD in assets under management.[3]

History

Founded in 1986, New York Life Investments provides investment advisory services to financial advisors and their clients. An independent subsidiary of New York Life Insurance Company, over the years New York Life Investments has added to its boutique of investment advisors. This includes MacKay Shields (acquired by New York Life in 1984),[4] Markston International, LLC (1999),[5] New York Life Fixed Income Advisors (2004),[5] Winslow Capital Management (2005), Epoch Investment Partners (2006),[6] MacKay Municipal Managers (2009), Cornerstone Capital Management (2013),[7] Cushing Asset Management (2014),[8] and IndexIQ (2015).[9]

References

  1. ^ "MainStay Funds webpage information footnote".
  2. ^ "Fortune 500 2018: New York Life #69".
  3. ^ "AUM includes assets of Investment Advisors affiliated with New York Life Insurance Company as of July 31, 2018. AUM for Candriam and Ausbil is reported at the spot rate".
  4. ^ "MacKay Shields Company History".
  5. ^ a b "MainStay Multi-boutique Investment Management".
  6. ^ "MainStay Acquires $750 Million in Epoch Mutual Funds". Archived from the original on 2015-09-24. Retrieved 2015-01-09.
  7. ^ "New York Life to Acquire a Minority Stake in Cornerstone Capital Management".
  8. ^ "MainStay Investments and Cushing® Asset Management LP to Partner on Master Limited Partnership and Energy-Related Mutual Funds". 7 April 2014.
  9. ^ "New York Life buys IndexIQ to expand liquid alts offering, add hedge fund ETFs". 21 October 2014.

External links