Challenging groupthink: Willis Towers Watson says most active managers over-diversify to reduce investment risk
Challenging groupthink: Willis Towers Watson says most active managers over-diversify to reduce investment risk Submitted By Madeleine Taylor | 29|06|2021 - 5:08pm Knowing more about less: this is how Willis Towers Watson describes the process of researching fund managers. There are 18,000 asset managers. There are more asset managers than there are stocks in indices, says Chris Redmond, head of manager research at Willis Towers Watson. We cannot possibly devote our time to every one of them. The London-based investment consultancy spends a gruelling 150 hours investigating each new manager, on average. Willis Towers Watson is one of the big three investment consultancies, alongside Mercer and Aon Hewitt. Together, they are the gatekeepers to major institutional capital, advising pension schemes, insurance companies, and sovereign wealth funds on where to invest their money. Willis Towers Watson currently manages USD170 billion of delegated assets, and its advisory asset base extends to over USD2 trillion.
Challenging groupthink: Willis Towers Watson says most active managers over-diversify to reduce investment risk
Challenging groupthink: Willis Towers Watson says most active managers over-diversify to reduce investment risk Submitted By Madeleine Taylor | 29|06|2021 - 5:08pm Knowing more about less: this is how Willis Towers Watson describes the process of researching fund managers. There are 18,000 asset managers. There are more asset managers than there are stocks in indices, says Chris Redmond, head of manager research at Willis Towers Watson. We cannot possibly devote our time to every one of them. The London-based investment consultancy spends a gruelling 150 hours investigating each new manager, on average. Willis Towers Watson is one of the big three investment consultancies, alongside Mercer and Aon Hewitt. Together, they are the gatekeepers to major institutional capital, advising pension schemes, insurance companies, and sovereign wealth funds on where to invest their money. Willis Towers Watson currently manages USD170 billion of delegated assets, and its advisory asset base extends to over USD2 trillion.