New York Life Investments

New York Life Investment Management LLC
FormerlyMainStay Investments
Company typeSubsidiary
IndustryInvestment Management
Founded1986; 38 years ago (1986)
HeadquartersJersey City, New Jersey, U.S.
Key people
Naïm Abou-Jaoudé (CEO)
ProductsAsset Management
AUMUS$674 billion (March 31, 2023)
ParentNew York Life Insurance Company
Websitewww.newyorklifeinvestments.com

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]

  1. ^ "MainStay Funds webpage information footnote".
  2. ^ "Fortune 500 2018: New York Life #69".
  3. ^ "AUM includes assets of Investment Advisors affiliated with New York Life Insurance Company as of July 31, 2018. AUM for Candriam and Ausbil is reported at the spot rate".