Artificial Intelligence: An Accelerating Revolution
The revolutionary impact of AI-driven change is already evident in most industries and is accelerating.
About Us
Culture & Values
Founded in 1969, Jennison Associates is a global investment management company that specializes in a select range of active equity and fixed income investment strategies. Our equity expertise spans style disciplines, geographies, and market capitalizations. Our fixed income strategies include structured products and investment grade investments of various durations. We serve a global institutional client base that includes institutional financial intermediaries, corporations, sovereign and public entities, Taft-Hartley plans, and endowments and foundations.
The main mission across all areas of our firm is to deliver consistent and sustainable outperformance for our clients over time and excellence in client service. This singular focus is embedded in our culture and guides our decisions. Since Jennison’s founding, we have aligned our interests with those of the investors we serve and we are honored to have exceptionally long-tenured relationships with our clients.
Our diverse and inclusive culture is a result of our tightly held company values, which focus on independent thought, individual contributions and performance, and how these come together to advance broader client-centric goals and objectives. We are able to sustain our culture through generations of employees because of our common belief in these values:
Client Focus
The long tenure of Jennison’s client relationships are a testament to the firm’s strong track record of investment performance, partnership, and trust.
CONSISTENCY AND CONVICTION
Managing client assets is our only business and our goal is to generate repeatable long-term outcomes through disciplined investment processes. We offer a select group of carefully developed investment strategies, valuing deep client relationships and positive long-term outcomes more than a collection of products. When we do extend our investment offerings, they are built upon our areas of core expertise and where we have a record of achievement.
STABILITY
Jennison takes a long-term view in our investment approach and our own business planning, resulting in a consistent investment-driven culture that is stable—but never static. The organization invests in talent for future leadership, resulting in multi-generational investment teams that are unified in a consistent investment philosophy and process. Clients can depend on our steadfast philosophy and process through ever-changing markets. We continuously invest in technology and talent, knowing this can lay the foundation for future successes for Jennison and you, our clients and partners.
INDEPENDENT THINKERS
Rooted in a disciplined investment process, Jennison’s investment culture demands the intellectual honesty and rigor needed to identify opportunities across changing market conditions and secular trends. We believe that the best results are achieved by professionals who thrive in an environment of excellence and integrity. Each Jennison employee has opportunity for impact.
INVESTMENT APPROACH
Jennison’s investing approach is rooted in our fundamental research and security selection; portfolios are built from the bottom-up, security by security and internal research underlies our investment decisions.
Equities
Sector-expert analysts conduct deep equity research and view the world through the lens of their particular investment strategy. Research is not a centralized function. Analysts’ on-the-ground process includes on-site meetings with a company’s senior leadership, customers, suppliers, and competitors, and evaluating financial statements, which informs their fundamental outlooks and earnings models. At the same time, knowledge, insights, and perspective for each team are shared freely and rapidly across the equity groups. This deep perspective, coupled with cross-team collaboration, ensures that only high-quality recommendations are presented to portfolio managers. At Jennison, the research analyst position is revered in its own right— our analysts have the same professional opportunities as our portfolio managers.
FIXED INCOME
Our deeply experienced and long tenured portfolio management and trading teams are located in Jennison’s Boston office. Credit portfolio managers cover different sectors and are responsible for analyzing and selecting securities within their sectors. Rates portfolio managers develop yield curve and futures strategies and structured securities research is performed by several portfolio managers on the rates and credit team. We strive to be the best manager within the high-quality domestic market, with a bottom-up approach where individual issue/credit decisions are a critical part of our value add and where mitigation of downside risk is a main focus.
Custom Solutions
Clients know Jennison for longstanding expertise in fundamental research and bottom-up portfolio construction and management across a broad range of equity investment capabilities. Over the last decade, the Custom Solutions Group developed proprietary quantitative tools to complement our traditional fundamental capabilities to create highly customized portfolios that seek to effectively address client-specific investment targets. With a full view into Jennison’s traditional fundamental portfolios, the team tailors and fine-tunes solutions to customize portfolios to help meet specific client objectives. Working as your partner, the Custom Solutions Group designs and implements highly customized, outcome-focused portfolio solutions that target your specific risk, volatility, liquidity, and return objectives.
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