Provider Profiles
WTW
| Portfolio Construction |
| A client’s risk/return parameters drive our asset allocation process. We look to improve results by increasing efficiency or return per unit of risk through portfolio construction and management. We believe building the highest-quality portfolio involve a blend of quantitative and qualitative analysis to help ensure the eventual portfolio We believe an investor’s natural starting point for investment strategy is a long-only, passively implemented, globally diversified exposure that delivers a risk profile over the long-term in line with the stated risk budget (e.g., a reference portfolio). We look to create value net of added fees by expanding the opportunity set and increasing portfolio diversification to improve portfolio efficiency. |
| Profile | |
| Business model§ | Implemented consulting |
| Year entered into OCIO business | 1998 |
| No. of relationship managers/salespeople | 352 |
| No. of OCIO portfolio managers | 69 |
| OCIO % of total firm revenue | 0% |
| No. of clients, full discretion | 472 |
| Full Discretionary Assets | |
| Total full discretionary OCIO assets | $162.9b |
| Discretionary Assets by Fund Type | |
| Defined benefit | $99.1b |
| 401(k), 403(b) or other defined contribution plan | $46b |
| Endowments or foundation | $204mm |
| Health care pools (board designated, funded depreciation) | $0mm |
| Other | $17.6b |
| §OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. OCIO + other: An open-architecture or manager-of-manager investment outsourcing platform as one of multiple business lines. Implemented consulting: A consulting firm that also has discretion over assigned assets. Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. Other: An OCIO platform is something other than the types listed above. |