Fiduciary Management Find your path to the funding level you need

Similar documents
Russell Investments China Equity Fund

Russell Investments Emerging Markets Equity Fund

Russell Investments Unconstrained Bond Fund

The Integration of ESG issues

CONSISTENCY. Russell Investments Model Portfolios. The consistency you need to plan ahead. russellinvestments.com

Image: The Caribbean Sea and Curacao RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE

Russell Investments: Fixed Income Trading

Capacity for Loss Guide

BEST PRACTICES FOR RESPONSIBLE INVESTING

Cash Equitisation. August Introduction

Proxy Voting Policies and Procedures

RUSSELL INVESTMENTS Invested in outcomes. Exploring our outcome-oriented approach for individual investors.

Eurozone Economic dashboard

Liquidity Management Overlay

Fixed Income ESG Survey Results

Putting the smart back into beta

Russell Investments: Fixed Income Trading

How to elect. Bank of Scotland Share Dealing

Are ESG tilts consistent with value creation in Europe?

Achieving Better Investment Performance: Time to Delegate?

Responsible Ownership: Proxy and Engagement Report

Pension De-Risking. De-risking your future: A structured plan.

Why Use Smart Beta in DC?

Investment Risk Disclosures

CHANGES TO THE PRICING POLICY FOR JUPITER UNIT TRUST MANAGERS RETAIL FUNDS, JUPITER MERLIN PORTFOLIOS AND JUPITER UK ALPHA FUND

Should trustees buy in bulk?

The Bigger Picture. Personalised Investment Management

JPM US Equity Income Fund

OMNIS MANAGED PORTFOLIO SERVICE

Using Options to Manage Volatility

Pension Trading Account Terms

USE EVERY ASSET CLASS TO YOUR ADVANTAGE

FLEXIBLE MORTGAGE ISA PLAN KEY FEATURES. FOR AN ADDITIONAL PLAN. This is an important document. Please keep safe for future reference.

Fiduciary management. March 2013

AN INTRODUCTION TO LIABILITY DRIVEN INVESTMENT AN INTRODUCTION TO LIABILITY DRIVEN INVESTMENT HELPING PENSION SCHEMES ACHIEVE THEIR ULTIMATE GOAL

BEHAVIOUR. How to avoid common behavioural biases and their detrimental impact on investor portfolios. russellinvestments.com

PENSIONS. Evolution Solutions Performance. Aon Pension Conference Birmingham Bristol Edinburgh Leeds London Manchester

Defined Benefit Pension Solutions Liability aware solutions offering growth, cashflow and risk management

Key Features of the Your Aviva (Stakeholder) For increments and transfer payments to existing individual Stakeholder plans

The five biggest DB pensions challenges today

Asset allocation FOR PROFESSIONAL CLIENTS ONLY NOT FOR RETAIL USE OR DISTRIBUTION

Sharesave 2016 Stronger together. What will your savings turn into?

Are you where you need to be?

A RETURN WITHOUT VOLATILITY? Guy Myles Octopus Investments

Thompson Taraz. Enterprise Investment Scheme (EIS) Consultancy. Management and administration. Tax and compliance

A Flight Path to Self Sufficiency

Dated 22 March Innovation Hubs Enhanced Co-operation Agreement

Transitional protection and insufficient lifetime allowance form. Bank of Scotland Share Dealing Self Invested Personal Pension

Are you aware of the latest market developments and regulations?

TIMEWISE TARGET RETIREMENT FUNDS. Guiding workplace savers to better retirement outcomes

Key Features of the Stakeholder Pension

Flexible drawdown guide. IWeb Share Dealing Self Invested Personal Pension

Financial Conduct Authority 25 The North Colonnade, Canary Wharf London E14 5HS. Submitted to:

Making DC work for a diverse membership

Thompson Taraz. Enterprise Investment Scheme (EIS) Consultancy. Management and administration. Tax and compliance

MOBIUS LIFE. Providing solutions for institutional pension schemes and asset managers

ii SIPP 1. Account holder s details 2. Receiving scheme administrator s details Transfer Out Form 1 of 6

Jupiter approach document SUSTAINABILITY. Sustainability Investment Policy - September On the planet to perform

Real Assets Investing for a positive change

Flexible Drawdown Declaration. Bank of Scotland Share Dealing Self Invested Personal Pension

OMNIS MANAGED PORTFOLIO SERVICE

OMNIS MANAGED PORTFOLIO SERVICE

FINAL NOTICE. 3. The Decision Notice notified Mr Bittar that the Authority had decided to take the following action:

INVESTMENT SOLUTIONS. Fiduciary Management. Knowing our scheme is in good hands leaves me free to focus on where I add value.

Chambers auto enrolment workplace pension solution

It s safe to say that over the past 10

Helping you improve your investment portfolio in challenging markets

blackrock consensus funds simple, transparent investment solutions

FUND INFORMATION DOCUMENT. e-investments Managed Growth Fund 6

Investing for a brighter future. Stocks and Shares ISAs explained 1 STOCKS AND SHARES ISAS EXPLAINED

INVESTMENT STRATEGY STATEMENT September 2017

Cashflow Management Strategy

Benefit from a new fiduciary approach

Appointed Representative - Termination

Macquarie Infrastructure Debt Investment Solutions An introduction to infrastructure debt. March An introduction to infrastructure debt

STATEMENT OF INVESTMENT PRINCIPLES NEW AIRWAYS PENSION SCHEME

CP 13/17 Consultation on the use of dealing commission rules

THE LAFARGE UK PENSION PLAN STATEMENT OF INVESTMENT PRINCIPLES DEFINED BENEFIT SECTION

Choosing investment funds. 1of24

INVESTMENT COMMITTEE TERMS OF REFERENCE.

Survival of the Fittest

Fiduciary management. Christy Jesudasan Donny Hay, MN

Online investments Fund information document

ISA KEY FEATURES (INCORPORATING THE SIMPLIFIED PROSPECTUS) INVESTMENTS

Pension scheme de-risking a practical guide

Aon Hewitt Retirement and Investment. Trigger Strategies. Staying on track. Risk. Reinsurance. Human Resources.

November Pension Investment and Governance Survey 2018

WORLD DIVERSIFICATION FOR AN UNCERTAIN

Aon Hewitt Retirement and Investment. Aon Investment Research and Insights. Endgame Strategies. Cashflow Driven Investment Series.

Aon Defined Contribution. Aon s Global Defined Contribution Points of View

Innovative solutions. Immaculate service.

Premier Asset Management Multi-Asset Funds

Aon Defined Contribution

MONITOR PRO ENABLING KEY MONITORING WHEN YOU NEED IT

For financial advisers. Bespoke discretionary service / FINANCIAL ADVISERS

Our solution for seamless advice

HIGH LEVEL ENTRY OPEN ENDED INVESTMENT COMPANY (OEIC) FUNDS SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT. Important information you need to read.

The financial stability information power

OEIC AND ISA FUNDS SUPPLEMENTARY INVESTOR INFORMATION DOCUMENT

Proactive and professional trustee services. The benefits of working with PS Independent Trustees

Transcription:

Fiduciary Management Find your path to the funding level you need Partnering with you every step of the way FOR PROFESSIONAL CLIENTS ONLY

Understanding what keeps you up at night. UK PENSION SCHEMES FACE AN ONGOING BALANCING ACT BETWEEN COMPETING PRIORITIES: Needing sufficient assets to pay members benefits in the long-term as the population lives longer. Having to balance these assets with the need to manage short-term funding level risks. The challenges of minimising the burden on the corporate s financial wellbeing and the sponsor covenant. The sheer scale of these problems in recent years have been exacerbated by lower returns from ever more volatile markets. These market conditions are expected to continue for the foreseeable future. Although some relief might be expected from liabilities reducing as a result of rising yields, the future path of longevity remains uncertain. Not to mention the increased risk from inflation within the foreseeable future. Market volatility Demographics Sponsor covenant Inflation Interest rates How do I manage these challenges

A different outcome demands a different approach. IMPLEMENTING THE RIGHT STRATEGY FOR YOU. The effective implementation of a pension scheme s investment strategy is likely to be the single key difference between success and failure in achieving a scheme s required outcome. The incremental gains from doing a range of things well can help pension schemes reach their goals. EFFECTIVE DELEGATION IS KEY. Within pension schemes, there are some things you can delegate, such as safe-keeping of the assets. STRATEGY GOVERNANCE IMPLEMENTATION But there are some things you cannot delegate, such as strategy. And there are things you don t currently delegate that you should consider outsourcing to an expert partner. Time is a scarce resource; on average trustees spend 16 hours 2 per year making investment decisions. How do I apply this different approach 2 Source: The evolution of decision making Russell Investments paper.

Total portfolio management approach. AT RUSSELL INVESTMENTS WE BELIEVE THAT SPECIALISATION INFORMS BETTER DECISION-MAKING: Insightful manager research: we have over 40 research analysts who combine best of breed managers in to a variety of multiasset class portfolios. Your total portfolio brings together specialist portfolios through our our team of more than 20 multi-asset class specialists for your pension scheme. Your specialist Russell Investments team becomes an extension of the resource available to your pension scheme. Our fiduciary management solutions draw upon a unique set of capabilities and experience that are required for success: Sound advice Dynamic portfolio management Efficient execution We believe that no other UK provider can credibly claim to have these three leading-edge capabilities within their existing business. GOAL LIABILITIES OVERLAYS YOUR PORTFOLIO ASSET CLASS PORTFOLIOS INDIVIDUAL MANAGER PORTFOLIOS SECURITIES TOTAL PORTFOLIO MANAGEMENT Russell Investments clients have exceeded their funding targets since inception by 1.5% after fees 3. What experience does Russell Investments have 3 Source: Russell Investments. Based on Russell Investments UK fiduciary management clients for the five years to 30 June 2017. Performance is annualised and net of management fees and client cashflows. Performance is relative to clients funding targets, with client objectives and constraints taken in to account.

Uniquely positioned to help you. 45+ YEARS EXPERIENCE 63.7 BILLION ASSETS UNDER FIDUCIARY MANAGEMENT RESPONSIBILITY. SOUND ADVICE 1.91 TRILLION ASSETS UNDER ADVICE 13,410 GLOBAL INVESTMENT PRODUCTS MONITORED 1448 INVESTMENT PROFESSIONALS AND ASSOCIATES WINNER FIDUCIARY MANAGEMENT FIRM OF THE YEAR PENSIONS AGE 2018 All information is as at 31 December 2017 unless stated otherwise. Source: Russell Investments Why Russell Investments

Our clients. 238 MULTI-ASSET SOLUTIONS PROVIDED GLOBALLY TO INSTITUTIONAL CLIENTS 460 INSTITUTIONAL CLIENTS Information as at 31 December 2017 Source: Russell Investments For more information: Call Russell Investments on +44 (0)20 7024 6000 or visit russellinvestments.com IMPORTANT INFORMATION For Professional Clients Only. This material does not constitute an offer or invitation to anyone in any jurisdiction to invest in any Russell product or use any Russell services where such offer or invitation is not lawful, or in which the person making such offer or invitation is not qualified to do so, nor has it been prepared in connection with any such offer or invitation. Unless otherwise specified, Russell Investments is the source of all data. All information contained in this material is current at the time of issue and, to the best of our knowledge, accurate. Any opinion expressed is that of Russell Investments, is not a statement of fact, is subject to change and does not constitute advice. The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested. Any past performance figures are not necessarily a guide to future performance. Issued by Russell Investments Limited. Company No. 02086230 and Russell Implementation Services Limited Company No. 3049880. Registered in England and Wales with registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone 44 (0)20 7024 6000. Authorised and regulated by the Financial Conduct Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS. EMEA-1404 MCI-01320 Updated: February 2018 Expires: December 2018