OCIO INSIGHTS
A dedicated resource for OCIO search consultants
BUSINESS SNAPSHOT
Our latest U.S. AUM and client data as of 12/31/2021 and our updated at-a-glance created for you.
CURRENT CLIENT |
AVERAGE RELATIONSHIP |
# OF CLIENTS |
TOTAL AUM |
AVERAGE AUM |
MEDIAN AUM |
|
U.S. Defined Benefit | 1981 | 14.9 years | 82 | $37.1 B | $620 M | $223 M |
U.S. Defined Contribution | 1982 | 17.7 years | 26 | $10.1 B | $643 M | $84 M |
U.S. Non-Profit & Healthcare | 1983 | 10.6 years | 41 | $26.2 B | $639 M | $120 M |
AUM and client counts as of 12/31/2021. *Not exclusive.
2022 global market outlook
The great moderation
We believe global growth will be slower in 2022 than 2021, but still above trend. Amid this backdrop, we think equities should outperform bonds. In addition, while inflation has yet to peak, we believe it will likely decline over the year. As a result, we expect any tightening by central banks in 2022 will be modest.
In the U.S., we believe maximum employment—or an unemployment rate of 4%—isn’t likely until the end of 2022. In our view, this means that Fed rate hikes are unlikely before 2023.
Previously featured articles
- Q3 2021: Responsible Investing roadmap
- Q2 2021: Client case study: Adding ESG to a DC plan menu
- Q1 2021: OCIO: Thinking like a fiduciary
- Q4 2020: Some do some, few do all
- Q3 2020: Non-profit spending options
- Q2 2020: What happened? An insomniac's guide to OCIO
- Q1 2020: Confessions of a former CIO: Aren't you already outsourced? (Part 2)
- Q4 2019: Confessions of a former CIO... on OCIO (Part 1)
- Q3 2019: The fee challenge
Recognitions
We receive many awards, but the greatest recognition is a satisfied client.
2020 OCIO of the Year
Russell Investments was named the winner of "OCIO of the Year" at the 2020 Pension Bridge Institutional Asset Management Awards for providing exceptional OCIO services to our valued clients. Scoring criteria for this category included our successful implementation of our sustainable investment strategy for OCIO clients and our position as one of the world's largest OCIO providers. Agility, Goldman Sachs Asset Management, Meketa Investment Group and SEI were other finalists competing for this award.
A Top Global Manager of OCIO Assets
For the 10th year in a row, Russell Investments was ranked as a top global manager of institutional outsourced assets in CIO Magazine's "Outsourced-Chief Investments Officer (OCIO) Survey," based on the AUM from its fully discretionary clients.
Notably, in CIO's "2021 OCIO Survey," which included 47 firms, Russell Investments placed among the top five global managers in Defined benefit, Healthcare, and 401(k), 403(b) or other DC outsourced assets.
LET'S CONNECT
We'd love to talk.
Jeremy Freise
REGIONAL DIRECTOR
U.S. CONSULTANT RELATIONS
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