Statistics at a glance

Assets in U.S. billions, managed for institutional investors, as of March 31, 2015.
Data source: P&I's Research Center

Investment outsource managers' worldwide institutional asset mix

Outsourced assets under investment management, weighted average, as of March 31, 2015.
Data source: P&I's Research Center

The largest 50 managers of outsourced assets

Size represents their assets value. The more assets, the bigger the box.
Color represents their clients. The more clients, the deeper the color.
For full manager profiles, please visit P&I's Research Center.

Worldwide institutional assets in outsourced investment programs, in U.S. millions, as of March 31, 2015.
*As of Dec. 31, 2014.
Data source: P&I's Research Center

Rankings

Largest investment outsource managers ranked by total assets

Rank Manager Total assets Number of clients AUM
1. Russell Investments $117,343 417 $117,343
2. Mercer $111,834 907 $111,834
3. Northern Trust Asset Mgmt. $106,000 - $62,500
4. Cambridge Associates* $105,989 255 $105,989
5. SEI Investments $82,900 478 $82,900
6. Wells Fargo $76,562 2,703 $76,562
7. Towers Watson Investment $74,800 64 $74,800
8. Aon Hewitt Investment $68,643 193 $68,643
9. BlackRock $68,409 18 $68,409
10. Goldman Sachs Group $57,244 153 $41,999

Worldwide institutional assets in outsourced investment programs, in U.S. millions, as of March 31, 2015.
*As of Dec. 31, 2014.
Data source: P&I's Research Center

Largest investment outsource managers ranked by fully discretionary assets

Rank Manager Assets managed with full discretion Full discretion Partial discretion
1 Mercer $109,597 98% 2%
2 Northern Trust Asset Mgmt. $62,500 100% -
3 BlackRock $58,832 86% 14%
4 Credit Suisse $45,631 100% -
5 Towers Watson Investment $43,384 58% 42%
6 Goldman Sachs Group $41,999 100% -
7 Aon Hewitt Investment $40,499 59% 41%
8 Russell Investments $38,723 33% 67%
9 Alan Biller $33,000 100% -
10 Wells Fargo $31,390 41% 59%

Worldwide institutional outsourced assets under investment management, in U.S. millions, as of March 31, 2015.
Data source: P&I's Research Center