Insurance Advisory Service July 2020

The Insurance Advisory Service provides an in-depth analysis of segregated fund trends. The report covers movements in total assets, gross sales, redemptions, and net flows while breaking down each measure by traditional and guaranteed withdrawal benefit (GWB) products. The report details each of these metrics at the asset class level for both product structures and provides views of monthly and yearly changes in each figure. Firm level and fund level rankings are also displayed based on largest and best-selling complexes and funds. Each monthly issue further delves into segregated funds that wrap mutual funds, providing industry level visuals of the proprietary and third-party categories, as well as firm level rankings.

Section 2 of this issue includes a set of quarterly charts detailing segregated fund second quarter results at both the sponsor and the fund level, as well as segregated funds that wrap mutual funds.

In addition, Section 3 provides the results of our annual Insurance Distribution Survey. This spotlight provides an overview of the insurance distribution landscape, including distributor type totals, carrier rankings across distributor types, and individual distributor rankings for FSB, FA, and MGA distributors.