MBIA Asset Management offers a variety of investment products for institutional investors. MBIA’s investor base is very broad and includes public entities, Taft-Hartley clients, defined benefit pension plans, and endowments/foundations. Given MBIA’s history and its core competency in the bond market, most of MBIA Asset Management’s product line is fixed-income/bond-oriented. For separate accounts, most of the assets currently under management fall into one of two broad categories: customized asset management (non-discretionary) and total return (discretionary) asset management. In addition, MBIA Asset Management is developing a suite of products focused on asset-liability management for third-party clients.

MBIA’s Customized Asset Management (CAM) offers public entities an investment product focused on the short-to-intermediate part of the yield curve. These investments are customized to meet the individual needs of each client. For most clients, these assets typically represent either operating funds, reserve funds, or funds from bond issues. MBIA’s CAM program is ideal for governments of all types and sizes looking for an investment advisor that provides individualized attention to every client.

MBIA's total return management focuses on preserving principal while earning a competitive rate of return relative to client benchmarks. These “total return” portfolios typically are fully discretionary, meaning that MBIA can implement its best trading ideas within a client’s portfolio so long as we act within the client’s predetermined investment guidelines. Total return portfolios can be benchmarked against short, intermediate, or longer-term bond indexes.

Given strong interest within the corporate defined benefit (DB) market for liability management products, MBIA has begun focusing a significant amount of effort in developing products to help defined benefit plan clients in this area. This area builds off of MBIA’s longstanding expertise in the area of asset-liability management.