MONEY MANAGEMENT

How we compiled the information

Pensions & Investments profiled more than 580 investment management firms for this annual special report.

The data and stories in this issue dive into the largest money managers of U.S. institutional tax-exempt assets and were derived from an online survey. It is P&I's 44th annual largest money managers issue.

All money management firms are allowed to provide information for the survey; to qualify for inclusion in the database, however, the firm must manage assets for U.S. institutional tax-exempt clients such as qualified pension plans, endowments or foundations, and answer the minimum required questions.

This report contains detailed information on the worldwide assets of the qualified respondents, including asset mix, sovereign wealth fund or central bank client assets and a regional breakout of clients.

Within the U.S. institutional tax-exempt universe, P&I further breaks down the data into asset classes and, then, into investment style.

All qualified firms are considered for the charts and tables that are published, but only the largest 50 firms — ranked by worldwide institutional assets — are profiled in print.

Full profiles of all ranked money managers and complete listings by asset class and investment strategy can be found at P&I's Research Center at www.pionline.com/researchcenter. The online rankings are interactive and are searchable by asset class, investment strategy, region and clients.

Research Center access is free to plan executives. Money managers, consultants and other service providers have access by subscription.

P&I targeted more than 1,000 banks, trust companies, insurance companies and independent investment management firms in North America and abroad. The data contained in the stories, profiles, charts and tables in this issue and in the Research Center were developed by P&I staff from the firms' answers to the detailed, online questionnaire and through follow-up emails and phone calls.

All information, except where noted, is as of Dec. 31.

Special reports derived from this information will be published throughout the year. An online special report focusing on investment outsourcing will be published June 26 and managers of defined contribution assets will be highlighted Aug. 21. An in-depth report on real estate managers will appear in the Oct. 16 issue. This information also will be used in a ranking of the largest managers in the world, done in conjunction with Willis Towers Watson PLC, to be published Oct. 30.

All data in this special report are 2017 Crain Communications Inc. Reproduction without permission is prohibited.

This article originally appeared in the May 29, 2017 print issue as, "How we compiled the information".