Farmers Mutual Hail Insurance of Iowa (FMH) has selected Miles Capital as fixed income manager, under which it will manage nearly $220m of the fund of the Insurance Asset Management Team.
Managing assets for many Property & Casualty insurers, Miles Capital is well aware that both objectives and constraints differ for each client.
As a fixed income manager, Miles will form successful strategic partnerships with insurance clients to prepare customized disciplined investment portfolio solutions.
Miles Capital president and chief investment officer Greg Boal said that the insurance companies require an asset manager that truly understands their unique needs and competitive landscape.
"I am confident that Miles Capital's expertise, focus on client success and disciplined investment approach will bring value to Farmers Mutual Hail for many years to come," Boal said.