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NISA Investment Advisors, LLC
NISA Investment Advisors is a St. Louis-based fixed-income asset manager specializing in liability-driven investing for institutional clients.
NISA Investment Advisors, LLC
NISA Investment Advisors, LLC is an SEC-registered investment adviser in St. Louis, MO, since 1993. The firm manages $343.9 billion in assets, with $336.7 billion on a discretionary basis. It has 417 employees and 217 investment advisers.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
St. Louis
Corporate office
St. Louis, MO, United States
Frequently asked questions
Who manages NISA Investment Advisors?
NISA was founded in 1994 by former Boatmen's Trust executives, including Thomas C. K. L. as the founding principal (per public record). The firm's current leadership team consists of senior investment professionals with backgrounds in fixed-income and derivatives, though specific named principals are not publicly disclosed in detail.
What investment strategies does NISA specialize in?
NISA focuses on fixed-income and derivative strategies, particularly liability-driven investing (LDI) for pension funds, as well as relative-value trading, volatility arbitrage, and structured products. The firm primarily invests in U.S. Treasuries, corporate bonds, mortgage-backed securities, and interest rate swaps, offering tailored hedging programs.
Who are NISA's typical clients?
NISA's clients include large corporate pension funds, public retirement systems, endowments, foundations, and insurance companies. The firm manages customized fixed-income portfolios designed to match client liabilities and risk profiles.
Does NISA invest in equities or alternatives?
Public information indicates NISA concentrates exclusively on fixed-income and derivative investments. The firm does not appear to manage equity or alternative asset classes, distinguishing it from multi-asset institutional managers.
How does NISA generate returns?
NISA generates returns through alpha from relative-value trading and volatility arbitrage within fixed-income markets, combined with beta from long-duration bond exposure. The firm's LDI approach focuses on matching asset and liability durations for pension plans to mitigate interest rate risk.
Where is NISA headquartered?
NISA Investment Advisors is headquartered in St. Louis, Missouri, United States. The firm operates a single office with no publicly disclosed additional locations.
What is NISA's AUM or scale?
NISA reported over $100 billion in assets under management as of 2024 (per public record). The firm does not systematically update AUM figures, and no current exact number is publicly available.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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