Investment - Articles - Willis Towers Watson pass USD100bn AUM milestone


Willis Towers Watson announced that its delegated investment solutions business has surpassed $107 billion in assets under management worldwide, fueled by strong demand from retirement plan sponsors seeking to outsource all or part of their investment management responsibilities. Growth in the company’s delegated service has spanned most geographic regions, with new mandates being won in Asia, Western Europe and the U.S.

 “The global scale in demand we are seeing from retirement plan sponsors and other institutional investors for outside fiduciary management and trusted investment advice has never been greater,” said Chris Ford, global head of Investments at Willis Towers Watson. “This recent growth is being driven by clients who either want a more sophisticated investment solution, need additional resources to manage their investments, or are looking to benefit from the scale advantage of joining with other like-minded investors. They have outsourced the function of managing the overall portfolio or a part of the portfolio to our Investments team, and we anticipate this trend will continue.”

 The company also announced it continues to expand the staffing and technology investments to support the growing demand for its delegated services.

 “Given the increasing complexity of defined contribution and defined benefit retirement plans, more plan sponsors are turning to our fiduciary governance model to better align responsibility with expertise. In today’s uncertain investment environment, investors rely on us to deliver innovation and cost efficiency to gain a competitive edge in the capital markets,” said Kemp Ross, global head of Delegated Investment Solutions at Willis Towers Watson.

Back to Index


Similar News to this Story

FCA targeted support could help tackle investment scams
RSM UK comment on the FCA announcement to offer targeted support which could help around 18m investors over the next decade.
FCA fines Nationwide £44m for financial crime failings
The FCA has fined Nationwide Building Society £44m for inadequate anti-financial crime systems and controls between October 2016 to July 2021. During
FCA introduction of Targeted Support
Over the next decade at least 18 million people could be offered extra help with their investments and pensions with the introduction of targeted supp

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.