New England Asset Management, Inc.

New England Asset Management, Inc. is a registered investment adviser specializing in providing asset management services primarily to the insurance industry. Established in 1984, NEAM is a subsidiary of General Re Corporation, wholly owned by Berkshire Hathaway Inc. NEAM offers a range of services, including asset management, fixed income mandates, high yield strategies, preferred securities strategy, structured products yield enhancement strategy, equity mandates, investment accounting and reporting services, enterprise capital strategy services, and more. NEAM's investment strategies involve a comprehensive investment process, including investment policy, client strategy, execution, and controls. The firm charges fees based on specific services provided, with fees negotiable and subject to annual minimums. NEAM acts as a fiduciary, providing discretionary investment management services to clients, with assets under management totaling $100.5 billion as of December 31, 2022. The firm discloses potential conflicts of interest related to revenue-sharing arrangements with affiliated entities and provides detailed information on its investment strategies, risk factors, and client reporting practices. NEAM's Code of Ethics emphasizes client interests, and the firm does not compensate third parties for client referrals. Clients have the option to direct brokerage, and NEAM exercises investment discretion for client accounts. The firm follows a best execution policy, monitors accounts regularly, and votes proxies in the best interests of clients. NEAM has no disciplinary history and maintains sound financial standing.