WHIPPANY, NJ, April 11, 2022–(BUSINESS WIRE)–MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that MetLife Investment Management Europe Limited (“MIM Europe “) has been authorized by the Central Bank of Ireland (“CBI”) to manage and market AIFs and UCITS, two vehicles through which European investors can best access MIM’s investment capabilities. In addition, the license allows MIM Europe to offer and manage MIM’s full range of investment strategies in the European Economic Area (“EEA”).
Based in Dublin, Ireland, MIM Europe will serve as the hub for MIM’s activities in the EEA. Today, MIM has a significant presence in Europe across a range of customer segments and countries. The authorization will allow wider access to the EEA market.
“This confirms our commitment to expanding our offerings in Europe and will allow us to take an increasingly local approach to serving the market,” said Matthew Mosca, Global Head of Institutional Clients Group at MIM. “We have already seen proven demand for our core investment products in Europe, and the CBI license will allow MIM to further leverage our US and European based products and management capabilities in a more directly suited to European institutional investors.
“MIM Europe’s clearance is a clear demonstration of the central role we expect Europe to continue to play in MIM’s international expansion, and our desire to provide our full range of investment capabilities to European investors. said Nigel Murdoch, Managing Director and Head of EMEA for MIM’s Institutional Client Group. “We look forward to collaborating with investors across Europe to generate strong, sustainable and long-term investment returns.”
About MetLife Investment Management
MetLife Investment Management, the institutional asset management business of MetLife, Inc. (NYSE: MET), is a global public fixed income, private equity and real estate investment manager that provides investment solutions tailored to institutional investors around the world. MetLife Investment Management offers public and private pension plans, insurance companies, endowments, funds and other institutional clients a range of tailored investment and financing solutions that aim to meet a range of long-term investment goals and risk-adjusted returns over time. MetLife Investment Management has over 150 years of investment experience and, as of December 31, 2021, had $669.0 billion in assets under management.1
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional clients build a confident future. Founded in 1868, MetLife is present in more than 40 markets worldwide and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
1 Total assets under management include all MetLife general account and segregated account assets and unaffiliated/third-party assets, at estimated fair value, managed by MIM.
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