American Equity Investment Life Holding Company (NYSE:AEL) Q2 2022 Earnings Conference Call August 9, 2022 11:00 AM ET
Company Participants
Julie Heidemann - Coordinator of Investor Relations
Anant Bhalla - President and Chief Executive Officer
Jim Hamalainen - Executive Vice President and Chief Investment Officer
Axel Andre - Executive Vice President and Chief Financial Officer
Conference Call Participants
Pablo Singzon - JPMorgan
Erik Bass - Autonomous Research
John Barnidge - Piper Sandler
Ryan Krueger - KBW
Mark Hughes - Truist
Russell Haug - Evercore ISI
Dan Bergman - Jefferies
Operator
Welcome to the American Equity Investment Life Holding Company's Second Quarter 2022 Conference Call.
At this time, for opening remarks and introductions, I would like to turn the call over to Julie Heidemann, Coordinator of Investor Relations. Ms. Heidemann, please go ahead.
Julie Heidemann
Good morning, and welcome to American Equity Investment Life Holding Company's conference call to discuss second quarter 2022 earnings. Our earnings release and financial supplement can be found on our website at www.american-equity.com.
Non-GAAP financial measures discussed on today's call and reconciliations of non-GAAP financial measures to the most comparable GAAP measures can be found in those documents or elsewhere on our Investor Relations portion of our website.
Presenting on today's call are: Anant Bhalla, Chief Executive Officer; Jim Hamalainen, Chief Investment Officer; Axel Andre, Chief Financial Officer.
Some of our comments will contain forward-looking statements which refer to or relate to future results, many of which we have identified in our earnings release. Our actual results could significantly differ due to many risks, including the risk factors in our SEC filings. An audio replay will be made available on our website shortly after today's call.
It is now my pleasure to introduce Anant Bhalla.
Anant Bhalla
Thank you, Julie. Good morning, and thank you all for your interest in American Equity. American Equity continues to execute on all aspects of the flywheel of our business strategy. The American Equity ship can best be summed up as steady as she goes.
Reflecting on the broader external environment, as supply constraints impact the outlook for inflation, and the Fed remains steadfast in its resolve of balancing its dual mandate of maximum employment and price stability, we expect continued capital market volatility for the remainder of the year. In this environment, we see opportunity in investment returns driven by potential large changes in relative value across various private and public asset sectors, the timing of which will vary depending on the sector. Starting with both, a substantial, and a strong, resilient balance sheet will give AEL an advantage.