Consultant Towers Watson, in partnership with Pensions & Investments, has found out that total assets under management of the world’s largest 300 pension funds reach over $15trn (€13.4trn), having rose by 3% in 2014 against 6% in 2013. The amount of global pension funds’ assets has almost doubled in ten years since in 2004, they were reaching […]
Alternative assets under management have reached $6.3trn (€5.7trn), up from $5.7trn (€5.2trn) in 2013, according to a global alternatives survey Towers Watson jointly published with the Financial Times. 623 asset managers have been surveyed. The top 100 alternative asset managers, led by Australian Macquarie Group and ranked by total AUM, have managed $3.5trn (€3.2trn) on behalf of […]
Global investment business Towers Watson has appointed Hermes EOS, one of the world’s leading engagement services, to advance its stewardship activities. Hermes EOS engages on ESG issues in public policy in addition to its corporate engagements. It is supporting various collective investor policy groups – including the Principles for Responsible Investment, the Institutional Investors Group […]
Towers Watson, the consultancy and solutions provider, has added a UK DC master trust to its programme of master trusts serving markets such as South Africa, Germany and the Netherlands. Fiona Matthews, as managing director of the company’s Master Trust programme, will lead the new trust, while Donald Brydon will chair the independent trustee board, […]
Assets of passive managers have grown twice as fast as those of active managers over the past decade, to hit some $10trn, according to the latest Pensions & Investments/Towers Watson research. Passive managers grew their assets by 12% annually against 6% for active managers. However, active managers still oversee far more by way of assets […]
Alasdair Macdonald, UK head of Advisory Portfolio Management at Towers Watson, comments on the impact on exchange rates, gilt yields and UK asset volatility. The fundamental economic changes and associated uncertainty arising from a ‘Yes’ result in the Scottish referendum poses medium-term fiscal and sovereign risk for the UK, according to Towers Watson. Based on our […]
Linda-Eling Lee (pictured), global head of ESG Research at MSCI and Roger Urwin, global head of Investment Content at Towers Watson and is an advisory director to MSCI comment on the prospects for stranded assets. A stranded asset is the term used to describe an investment that loses its value well ahead of its anticipated useful […]
Towers Watson, the investment consultant, has made Luba Nikulina its new global head of manager research following the appointment of Craig Baker to become global CIO. Nikulina has worked at Towers Watson for nine years in the UK and US, recently as global head of private markets research based in London. Baker, new CIO, said […]
The world’s 300 biggest pension funds grew their assets 6% in 2013 to a total estimated at $15trn, according to the P&I/Towers Watson global 300 research, published in the US. These 300 funds represent some 47% of global pension assets, the research suggests. Growth rates of funds were faster in Latin America and Africa, where […]
Total global alternative assets have hit $5.7trn, according to the latest research from Towers Watson. Assets managed by the top 100 managers reached $3.3trn, up from $3.1trn in 2012. The research covers seven asset classes and seven investor types. Real estate managers have the largest share of assets – 31% and over $1trn – followed […]
Ed Francis has been appointed EMEA head of consultant Towers Watson’s investment business, taking over from Chris Ford, who has become global head of Investment.
Towers Watson’s latest Global Investment Matters publication says asset owners, such as pension funds, need to become more adaptable to create more efficient decisionmaking in the face of a more rapidly changing investment environment.