Provider Profiles
WTW
| Profile | |
| Business Model§ | Implemented consulting |
| Year Entered Into OCIO Business | 1998 |
| No. of Relationship Managers/Salespeople | 163 |
| No. of OCIO Portfolio Managers | 21 |
| OCIO % of Total Firm Revenue | Not provided |
| No. of Clients, Full Discretion | 334 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $134.5b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $88.3b |
| 401(k), 403(b), Other DC | $36.8b |
| Endowments/Foundation | $103mm |
| Healthcare Pools (Board designated, funded depreciation) | |
| Other | $9.2b |
| Portfolio Construction |
| WTW's total portfolio approach ensures every decision in the portfolio is optimal in relation to their clients’ total portfolio underpinned by 3 key tenets: 1. Risk Adjusted Allocators Directly Linked to Risk/Return Goals: They allocate across a series of risk premia/return drivers that compensate investors for taking on various macroeconomically driven risks - level of diversification increases within the portfolio; 2. Each investment opportunity individually competes for capital within a consistent evaluation framework at the total portfolio level; 3. Continuous & Dynamic Focus on Achieving Client Objectives: connection with dynamism allows them to better exploit risk premia as market conditions, plan risks & their clients’ circumstances change. |
| §OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. OCIO + other: An open-architecture/manager-of-manager investment outsourcing platform as one of multiple business lines. Implemented consulting: i.e. consulting firm that also has discretion over assigned assets. Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. |