Russell Investments mobilizes asset allocation expertise globally
Newly dedicated team to drive further innovation in multi-asset solutions
SEATTLE, May 12, 2016 — Russell Investments, a global asset manager providing multi-asset portfolios and services that include advice, investments and implementation, today announced the formation of a new team within its investment division. The Global Client Strategy & Research (GCS&R) team is charged with integrating the firm’s full breadth of asset allocation expertise across regions and businesses, enhancing its ability to design innovative strategies for multi-asset solutions.
“Investors increasingly want the asset management industry to focus on their individual outcomes, whether it’s increasing or preserving funded status for a pension plan or building a reliable stream of retirement income for an individual,” said Jeff Hussey, global chief investment officer at Russell Investments. “Multi-asset solutions offer investors the wide range of levers required to meet one’s investing goals, particularly amid volatile markets; and asset allocation is one of the most important considerations for translating objectives into true outcomes.”
Kevin Turner, a 21-year veteran of Russell Investments, has been appointed to lead the new GCS&R team, reporting to Brian Meath, global chief investment officer, multi-asset solutions. Turner, who now holds the title of managing director, global head of Client Strategy & Research, most recently served as the head of consulting for the firm’s institutional business in North America. He brings a deep understanding of investor needs and a clear vision for leveraging Russell Investments’ robust thought leadership in asset allocation to this new role in order to drive outcomes for clients.
“Studying the diversity of asset classes to understand how they interact in different market environments—both in their own right and when combined—and using that knowledge to design innovative solutions for investors, has been a core focus at Russell Investments for decades,” said Meath. “We believe that combining our full range of asset allocation expertise and capital markets insights within a dedicated global team, under Kevin’s insightful leadership, will produce a more powerful resource for clients and enhance Russell Investments’ position as a leading global provider of multi-asset solutions.”
Russell Investments defines multi-asset as solutions that combine asset allocation, capital markets insights, factor exposures, manager research and customized portfolio implementation. To learn more about the firm’s approach to achieving investor outcomes through a multi-asset approach, watch this video.
About Russell Investments
Russell Investments, a global asset manager, is one of only a few firms that offers actively managed multi-asset portfolios and services which include advice, investments and implementation. Russell Investments stands with institutional investors, financial advisors and individuals working with their advisors—using the firm’s core capabilities that extend across capital market insights, manager research, asset allocation, portfolio implementation and factor exposures to help each achieve their desired investment outcomes.
Russell Investments has more than $247 billion in assets under management (as of 3/31/2016) and works with more than 2,500 institutional clients, independent distribution partners and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell Investments has $2.2 trillion in assets under advisement (as of 6/30/2015). The firm has four decades of experience researching and selecting investment managers and meets annually with more than 2,200 managers around the world. Russell Investments also traded more than $2 trillion in 2015 through its implementation services business.
Headquartered in Seattle, Washington, Russell Investments operates globally, including through its offices in Seattle, New York, London, Paris, Amsterdam, Milan, Dubai, Sydney, Melbourne, Auckland, Seoul, Tokyo, Shanghai, Beijing, Toronto, Chicago and Milwaukee. For more information about how Russell Investments helps to improve financial security for people, visit https://russellinvestments.com or follow @Russell_Invest.