Provider Profiles
Russell Investments
| Profile | |
| Business Model§ | OCIO + other |
| Year Entered Into OCIO Business | 1980 |
| No. of Relationship Managers/Salespeople | 97 |
| No. of OCIO Portfolio Managers | 82 |
| OCIO % of Total Firm Revenue | 75% |
| No. of Clients, Full Discretion | 429 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $280.2b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $101b |
| 401(k), 403(b), Other DC | $24.3b |
| Endowments/Foundation | $6.1b |
| Healthcare Pools (Board designated, funded depreciation) | $14.2b |
| Other | $134.5b |
| Portfolio Construction |
| Russell Investments builds portfolios using an open architecture framework of concentrated active strategies to capture skill in security selection, as well as a blend of passive strategies to capture strategic beliefs, and risk premia, all while paying close attention to costs. In their multi-manager funds, their portfolio managers draw from their manager research analysts’ best research ideas where they seek to provide access to some of the best specialist managers available, enabling each separate account manager to play to their specific strengths and combine them effectively to reduce the risk of single manager underperformance. Their portfolio managers aim to combine diversified separate account managers with complementary processes in order to outperform. |
| §OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. OCIO + other: An open-architecture/manager-of-manager investment outsourcing platform as one of multiple business lines. Implemented consulting: i.e. consulting firm that also has discretion over assigned assets. Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. |