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Industry Updates

MetLife Investment Management adds to team

Monday, January 31, 2022
Opalesque Industry Update - MetLife Investment Management (MIM) is pleased to announce today that it has hired Jeff Passmore to a newly created role of Lead Liability Driven Investing (LDI) Strategist in the firm's Public Fixed Income department.

Mr. Passmore will serve in a value-added capacity by collaborating with the firm's existing pension clients and their consultants to develop or potentially enhance existing LDI strategies. In addition, he will partner with a variety of groups at MIM to develop new product offerings that meet our pension clients' evolving LDI needs.

Mr. Passmore joins MIM from Barrow Hanley Global Investors, where he held a similar role. A former pension and investment actuary, he will apply direct industry experience in service of MIM clients. In addition, his experience in creating custom liability benchmarks and developing liability hedging overlay strategies will further enhance MIM's suite of LDI product offerings and complement its broader fixed income platform.

"We understand that LDI investing will continue to adapt and evolve in ways that are important to our clients and we believe we can offer value in this area," said Stephen Mullin, head of Long Duration and LDI Strategies at MIM. "Jeff's deep expertise in asset/liability matching and actuarial understanding of plan design will ensure that our pension clients receive the highest caliber service as they continue to pursue de-risking strategies and work toward their pension objectives."

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