Formerly | MainStay Investments |
---|---|
Company type | Subsidiary |
Industry | Investment Management |
Founded | 1986 |
Headquarters | Jersey City, New Jersey, U.S. |
Key people | Naïm Abou-Jaoudé (CEO) |
Products | Asset Management |
AUM | US$674 billion (March 31, 2023) |
Parent | New York Life Insurance Company |
Website | www |
New York Life Investment Management LLC[1] is a U.S. investment management company based in Jersey City, New Jersey. Founded in 1986, New York Life Investment's parent company is New York Life Insurance Company, the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #71 on the 2023 Fortune 500 list.[2]
New York Life Investments offers investors access to institutional money management through its mutual funds, exchange-traded funds (ETFs), separately managed accounts, and non-traditional strategies. New York Life Investments has over $674 billion USD in assets under management.[3]