Conning is a leading global investment management firm with a long history of serving the insurance industry

We create tailored investment strategies to meet our clients' specific goals, needs, and risk tolerance. Our approach combines Conning's risk management tools with a disciplined investment process grounded in fundamental analysis.

Contact us to learn more.

Assets Under Management

We manage assets for institutional clients worldwide, offering tailored investment solutions and a disciplined approach to risk management.

127.6B1


  • Tailored investment solutions for institutional investors
  • Risk modeling software for insurers and pension plans
  • Industry research to support informed investment decisions

16.2B2


  • Investment management in emerging and frontier markets
  • Tailored investment solutions
  • Risk management for diverse market conditions
  • Market research and analysis for informed decisions

30.2B


  • Leveraged loans
  • High yield bonds
  • Structured credit investments
  • Bank loans
  • CLO debt and equity

2.0B3


  • High-quality commercial real estate investment across various strategies
  • Over 590 transactions since 1996
  • $5.4B in equity capital commitments
  • Nearly $14.4B in gross investment volume

Regional Operations

We have investment centers in Asia, Europe and North America. Learn more about our operations in these regions:
Asia
Europe
North America
 

Our Legacy of Innovation and Excellence

Trusted by institutional investors, including insurers and pension plans, we manage over $214 billion in assets across Asia, Europe, and North America. View Conning Key Facts to learn more about us.

1912


  • Founded by William S. Conning
  • Provided investment advice to high-net-worth individuals

1983


  • Began managing investments for insurance companies

2012


  • Established European and Hong Kong investment centers
  • Became signatory for UN Principles for Responsible Investment (PRI)

2018


  • Made strategic Investment in Global Evolution, an emerging markets debt manager (became majority owner in 2020)

2023


  • Acquired majority share in Pearlmark Real Estate, L.L.C., a specialist manager of commercial real estate debt and equity strategies

We're Part of Generali Investments' Global Platform4

We're Part of Generali Investments' Global Platform<sup>4</sup>
Conning is an integral part of the Generali Investments platform, which comprises a network of asset management firms spanning over 20 countries. This platform offers unique strategies and expert insights to help investors achieve long-term performance. Generali Investments, with more than USD 670 billion in assets under management and over 2,200 investment professionals, serves as the asset management arm of the Generali Group, one of the world's largest insurance and asset management groups.
 

We Believe in Corporate Reponsibility

Environmental, social, and corporate governance (ESG) Principles

Environmental, social, and corporate governance (ESG) Principles

 
We recognize the impact of environmental, social, and corporate governance (ESG) practices on portfolio performance. Responsible investing is a fundamental part of our issuer analysis.
 
 
Our Cultural Framework

Our Cultural Framework

 
We are committed to fostering a diverse, equitable, and inclusive culture that offers our clients a broad range of perspectives and experiences. Our mission is to provide a work environment and opportunities for all employees to achieve their full personal and professional potential.
 
 

Latest News and Updates

 

Assets Under Management info is in USD as of June 30, 2025.

 
1AUM data as of end of Q2 2025, represents the combined assets under management for: Conning, Inc., Conning Asset Management Limited, Conning Asia Pacific Limited, Conning Investment Products, Inc., Goodwin Capital Advisers, Inc. and assets sub-advised by Conning affiliate, Octagon Credit Investors, LLC (collectively, “Conning”).  Conning’s affiliates are indirect subsidiaries of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A.
 
2Global Evolution, data as at end of Q2 2025. Global Evolution AUM represents the combined global assets under management of Global Evolution Asset Management A/S and its affiliates. Global Evolution is an indirect subsidiary of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A.
 
3 Pearlmark’s AUM data as of end of Q2 2025 includes PREP Investment Advisers, L.L.C. and Pearlmark Real Estate L.L.C.’s gross investment value for equity investments, outstanding loan receivables for debt investments, and unfunded commitments. Pearlmark is an indirect subsidiary of Conning Holdings Limited (CHL) whose controlling shareholder is Generali Investments Holding S.p.A.
 
4Generali Investments Holding S.p.A., data as at end of Q4 2024 net of double counting. Generali Investments is part of the Generali Group, which was established in 1831 in Trieste as Assicurazioni Austro-Italiche. Generali Asset Management S.p.A. Società di gestione del risparmio, Generali Real Estate S.p.A. Società di gestione del risparmio, Infranity SAS, Sosteneo S.p.A. Società di gestione del risparmio, Sycomore Asset Management, Aperture Investors LLC (including Aperture Investors UK Ltd), Lumyna Investments Limited, Plenisfer Investments S.p.A. Società di gestione del risparmio, Conning, Inc., Conning Asset Management Limited, Conning Asia Pacific Limited, Conning Investment Products, Inc., Goodwin Capital Advisers, Inc. (collectively, “Conning”) and its subsidiaries (Global Evolution Asset Management A/S - including Global Evolution USA, LLC and Global Evolution Fund Management Singapore Pte. Ltd- Octagon Credit Investors, LLC, Pearlmark Real Estate, LLC and PREP Investment Advisers LLC) are part of Generali Investments, as well as Generali Investments CEE. Please note that the countries refers to the countries where the different funds of the asset management companies that are part of Generali Investments are registered for distribution. Please note that not all funds are registered in all the countries and not all the asset management companies are licensed to operate in such countries. Generali Investments Holding S.p.A. is the holding company holding, directly or indirectly, a majority of the shares in the asset management companies listed above.

Disclosures

 
Conning, Inc., Goodwin Capital Advisers, Inc., Conning Investment Products, Inc., a FINRA-registered broker-dealer, Conning Asset Management Limited, and Conning Asia Pacific Limited (collectively “Conning”) and Octagon Credit Investors, LLC, Global Evolution Holding ApS and its subsidiaries, and Pearlmark Real Estate, L.L.C. and its subsidiaries (collectively “Affiliates” and together with Conning, “Conning & Affiliates”) are all direct or indirect subsidiaries of Conning Holdings Limited which is one of the family of companies whose controlling shareholder is Generali Investments Holding S.p.A. (“GIH”) a company headquartered in Italy. Assicurazioni Generali S.p.A. is the ultimate controlling parent of all GIH subsidiaries. Conning & Affiliates have investment centers in Asia, Europe and North America.
 
Conning, Inc., Conning Investment Products, Inc., Goodwin Capital Advisers, Inc., Octagon Credit Investors, LLC, Global Evolution USA, LLC, and PREP Investment Advisers, L.L.C. are registered with the Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940, as amended, and have noticed other jurisdictions they are conducting securities advisory business when required by law. In any other jurisdictions where they have not provided notice and are not exempt or excluded from those laws, they cannot transact business as an investment adviser and may not be able to respond to individual inquiries if the response could potentially lead to a transaction in securities. SEC registration does not carry any official endorsement or indication that the adviser has attained a level of skill or ability.
 
Conning, Inc. is also registered with the National Futures Association. Conning Investment Products, Inc. is also registered with the Ontario Securities Commission. Conning Asset Management Limited is Authorised and regulated by the United Kingdom's Financial Conduct Authority (FCA#189316). Conning Asia Pacific Limited is regulated by Hong Kong’s Securities and Futures Commission for Types 1, 4 and 9 regulated activities; Global Evolution Asset Management A/S is regulated by Finanstilsynet (the Danish FSA) (FSA #8193); Global Evolution Asset Management A/S (London Branch) is regulated by the United Kingdom's Financial Conduct Authority (FCA# 954331); also, Global Evolution Asset Management A/S (“GEAM”) is authorized via exemption as a dealer and adviser in certain Canadian provinces: In Canada, while GEAM has no physical place of business, it has filed to claim the international dealer exemption and international adviser exemption in Alberta, British Columbia, Ontario, Quebec and Saskatchewan. Conning & Affiliates primarily provide asset management services for third-party assets.
 
All investment performance information included in this document is historical. Past performance is not a guarantee of future results. Any tax-related information contained in this document is for informational purposes only and should not be considered tax advice. You should consult a tax professional with any questions.
 
For complete details regarding Conning & Affiliates and their services in the U.S., you should refer to our Form ADV Part 2, which may be obtained by calling us.

Legal Disclaimer

 
©2025 Conning, Inc. This document and the software described within are copyrighted with all rights reserved. No part of this document may be distributed, reproduced, transcribed, transmitted, stored in an electronic retrieval system, or translated into any language in any form by any means without the prior written permission of Conning & Affiliates. Conning & Affiliates do not make any warranties, express or implied, in this document. In no event shall any Conning & Affiliates company be liable for damages of any kind arising out of the use of this document or the information contained within it. This document is not intended to be complete, and we do not guarantee its accuracy. Any opinion expressed in this document is subject to change at any time without notice. This document contains information that is confidential or proprietary to Conning & Affiliates. By accepting this document you agree that: (1) if there is any pre-existing contract containing disclosure and use restrictions between you or your company and any Conning & Affiliates company, you and your company will use the information in this document in reliance on and subject to the terms of any such pre-existing contract; or (2) if there is no contractual relationship between you and your company and any Conning & Affiliates company, you and your company agree to protect the information in this document and not to reproduce, disclose or use the information in any way, except as may be required by law. ADVISE®, FIRM®, GEMS®, CONNING CLIMATE RISK ANALYZER® and CONNING ALLOCATION OPTIMIZER® are registered trademarks of Conning, Inc. in the U.S. ADVISE®, FIRM®, GEMS®, CONNING CLIMATE RISK ANALYZER® and CONNING ALLOCATION OPTIMIZER® are proprietary software published and owned by Conning, Inc. This document is for informational purposes only and should not be interpreted as an offer to sell, or a solicitation or recommendation of an offer to buy any security, product or service, or retain Conning & Affiliates for investment advisory services. The information in this document is not intended to be nor should it be used as investment advice. Copyright 1990-2025 Conning, Inc. All rights reserved.