NISA Investment Advisors, L.L.C., is an independent investment manager for institutional investors. We focus on risk-controlled asset management. While our origins are in fixed income, we apply our investment approach to specialized derivatives and equity portfolios as well. We believe three characteristics distinguish our firm:
Clients
We work exclusively with large institutional investors. Our median client relationship is over $300 million.
Customization
We only manage separate accounts. We do not manage proprietary accounts or sponsor commingled funds.
Discipline
We employ a risk-controlled style in pursuit of alpha that is independent from market returns. We believe this approach lends itself to large allocations within our clients’ overall portfolios.