Russell Investments earns 2017 CIO industry innovation award for investment outsourcing
- Firm’s heritage of innovation aims to help clients meet their desired outcomes
- Award links innovation to client satisfaction
SEATTLE, December 8, 2017 — Global asset manager Russell Investments was awarded Chief Investment Officer—CIO’s 2017 Industry Innovation Award for investment outsourcing on December 7 in New York. The annual award, according to CIO, celebrates the asset owners and organizations driving innovation in institutional asset management.
Summarizing why Russell Investments won the award, CIO states on its website, “As one of the largest OCIO providers, with a top-ranking for client satisfaction in CIO’s 2017 OCIO Vendor Ratings survey, Russell Investments remains a trailblazer in the space.”
“For 40 years, Russell Investments has continuously developed our skill set and infrastructure in an effort to bring the most productive investment solutions to our clients,” said Bryan Weeks, head of Russell Investments’ Americas Institutional business. “It is an honor to win the OCIO innovation award from Chief Investment Officer.”
Weeks—who is responsible for leading the firm’s U.S. business with defined benefit plans, defined contribution plans, hospital and health systems, as well as nonprofit organizations—added that having all the right capabilities under one roof creates opportunities for innovation across the full spectrum of advice, investment management, implementation, customizing individualized programs and operational efficiency.
CIO also points out that multi-asset investing has transformed Russell Investments’ OCIO relationships, with growth from buyers across a range of institutional channels.
Eric Macy, managing director for Institutional Sales at Russell Investments, said in CIO’s coverage on the award, “Our multi-asset approach delivers highly diversified, dynamically managed investment solutions designed to capture sources of return and manage downside risk in ways we hadn’t dreamed of a decade ago.”
Russell Investments earned the 2017 award over the following finalists in the investment outsourcing category: Fidelity Investments, Goldman Sachs Asset Management, Morgan Stanley and SEI. The finalists and ultimate winner were selected by the CIO editorial team in conjunction with an advisory board of former and current CIOs after the nominating process on CIO’s website closed August 4.
More information on Russell Investments’ approach to investment outsourcing is available here.
About Russell Investments
Russell Investments, a global asset manager, offers 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. The firm has more than $289 billion in assets under management (as of 9/30/2017).
Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world’s major financial centers such as London, Paris, Amsterdam, Sydney, Tokyo, Shanghai, Toronto and New York. For more information about how Russell Investments helps to improve financial security for people, visit russellinvestments.com or follow @Russell_Invest.
Steve Claiborne, 206-505-1858, or firstname.lastname@example.org