Skip to main content
MENU
Subscribe
  • Subscribe
  • Account
  • LOGIN
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE Act 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • WPS Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • ESG Sustainability - Gaining Momentum
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2022 Retirement Income Conference
    • 2022 Managing Pension Risk & Liabilities
    • 2022 WorldPensionSummit
Breadcrumb
  1. Home
  2. Print
July 08, 2002 01:00 AM

Profiles of the top 50 global/international managers

  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    AllianceBernstein Institutional Investment Management

    1345 Avenue of the Americas, New York, NY 10105; phone: (212) 969-1000; www.alliancecapital.com

    (U.S. $ millions)

    Total worldwide assets 452,199

    Worldwide institutional assets 242,584

    Total U.S. institutional tax-exempt 148,220

    Tax-exempt int'l/global 18,653

    Internal tax-exempt int'l/global 18,653

    Internal international 13,260

    Active equity 8,928

    Indexed equity 1,654

    Enhanced indexed equity 292

    Active bonds 196

    Indexed bonds 571

    Emerging markets equity, active 1,448

    Other 171

    International asset mix:

    Equity 94%

    Bonds 6%

    Internal global 5,393

    Active equity 3,161

    Active bonds 2,019

    Other 213

    Global asset mix:

    Equity 61%

    Bonds 39%

    Non-U.S. institutional tax-exempt 33,261

    Internally managed non-U.S. 33,261

    International equity: MSCI EAFE is the primary benchmark.

    Global equity: MSCI World is the primary benchmark.

    Analysts/portfolio managers: Stationed in New York; Chicago; Cleveland; Dallas; Minneapolis; San Francisco; Secaucus, N.J.; White Plains, N.Y.; Cape Town, South Africa; Hong Kong; Istanbul; Johannesburg; London; Madrid; Melbourne; Mumbai, India; Windhoek, Namibia; Sao Paulo; Singapore; Sydney; Taipei; Tokyo; Wellington, New Zealand; and Harare, Zimbabwe.

    Parent company: AXA Financial Inc.

    Lew Sanders is chief investment officer; Marc Mayer is client contact.

    Artisan Partners LP

    1000 N. Water St., Suite 1770, Milwaukee, WI 53202; phone: (414) 390-6100; fax: (414) 390-6139;

    www.artisanfunds.com

    (U.S. $ millions)

    Total worldwide assets 18,159

    Worldwide institutional assets 10,510

    Total U.S. institutional tax-exempt 9,399

    Tax-exempt int'l/global 4,961

    Internal tax-exempt int'l/global 4,961

    Internal international 4,961

    Active equity 4,961

    International asset mix:

    Equity 96%

    Cash 4%

    Non-U.S. institutional tax-exempt 202

    Internally managed non-U.S. 202

    International equity: MSCI EAFE is the primary benchmark.

    Analysts/portfolio managers: Stationed in Milwaukee, San Francisco and Atlanta.

    Michael Steinrueck is client contact at (415) 283-1700.

    Baillie Gifford Overseas Ltd.

    1 Rutland Court, Edinburgh EH3 8EY Scotland; phone: (44-131) 222-4000; fax: (44-131) 222-4496; www.bailliegifford.com

    (U.S. $ millions)

    Total worldwide assets 31,300

    Worldwide institutional assets 27,418

    Total U.S. institutional tax-exempt 4,784

    Tax-exempt int'l/global 4,603

    Internal tax-exempt int'l/global 4,603

    Internal international 4,603

    Active equity 4,535

    Emerging markets equity, active 68

    International asset mix:

    Equity 98%

    Cash 2%

    Non-U.S. institutional tax-exempt 19,807

    Internally managed non-U.S. 19,807

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Germany, Switzerland and Hong Kong; underweighted in Japan, the U.K., France and the Netherlands.

    Analysts/portfolio managers: Stationed in Edinburgh.

    Parent company: Baillie Gifford & Co.

    Richard Burns is chief investment officer; Jeff Kutler is client contact at (646) 827-3737.

    Bank of Ireland Asset Management (U.S.) Ltd.

    75 Holly Hill Lane, Greenwich, CT 06830; phone: (203) 869-0111; fax: (203) 869-0268; www.biam.ie

    (U.S. $ millions)

    Total worldwide assets 49,848

    Worldwide institutional assets 44,129

    Total U.S. institutional tax-exempt 23,486

    Tax-exempt int'l/global 22,735

    Internal tax-exempt int'l/global 22,735

    Internal international 22,328

    Active equity 22,328

    International asset mix:

    Equity 97%

    Cash 3%

    Internal global 407

    Active equity 407

    Global asset mix:

    Equity 97%

    Cash 3%

    Non-U.S. institutional tax-exempt 1,054

    Internally managed non-U.S. 1,054

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in the U.K., Switzerland, Netherlands and Hong Kong; underweighted in Japan, Germany and France.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.S., France, Switzerland, Netherlands and Hong Kong; underweighted in Japan, the U.K. and Germany.

    Analysts/portfolio managers: Stationed in Dublin.

    Parent company: Bank of Ireland.

    Chris Reilly is chief investment officer; Stephen Holland is client contact.

    Barclays Global Investors NA

    45 Fremont St., San Francisco, CA 94105; phone: (415) 597-2200; fax: (415) 597-2140; www.barclaysglobal.com

    (U.S. $ millions)

    Total worldwide assets 790,000

    Worldwide institutional assets 727,000

    Total U.S. institutional tax-exempt 467,400

    Tax-exempt int'l/global 51,900

    Internal tax-exempt int'l/global 51,900

    Internal international 43,600

    Indexed equity 35,500

    Enhanced indexed equity 5,900

    Indexed bonds 300

    Emerging markets equity, indexed 1,200

    Enhanced indexed bonds 700

    International asset mix:

    Equity 98%

    Bonds 2%

    Internal global 8,300

    Indexed equity 3,500

    Enhanced indexed equity 1,600

    Indexed bonds 3,100

    Enhanced indexed bonds 100

    Global asset mix:

    Equity 62%

    Bonds 38%

    Overlay strategies:

    Currency 2,100

    Internally managed underlying assets 2,100

    Non-U.S. institutional tax-exempt 259,600

    Internally managed non-U.S. 259,600

    Analysts/portfolio managers: Stationed in San Francisco, Toronto, London, Sydney and Tokyo.

    Parent company: Barclays PLC.

    Blake Grossman is chief investment officer; Matthew Scanlan is client contact.

    Baring Asset Management

    High Street Tower, 125 High St., Suite 2700, Boston, MA 02110; phone: (617) 946-5200; fax: (617) 946-5238;

    www.baring-asset.com

    (U.S. $ millions)

    Total worldwide assets 35,467

    Worldwide institutional assets 28,271

    Total U.S. institutional tax-exempt 6,343

    Tax-exempt int'l/global 5,773

    Internal tax-exempt int'l/global 5,773

    Internal international 5,039

    Active equity 452

    Enhanced indexed equity 3,244

    Active bonds 1,163

    Emerging markets equity, active 177

    Emerging markets debt 3

    International asset mix:

    Equity 77%

    Bonds 23%

    Internal global 734

    Active equity 170

    Active bonds 564

    Global asset mix:

    Equity 23%

    Bonds 77%

    Non-U.S. institutional tax-exempt 21,721

    Internally managed non-U.S. 21,721

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in the U.K., France, Netherlands and Hong Kong; underweighted in Japan, Germany and Switzerland.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.K., Germany, France, Switzerland, Netherlands and Hong Kong; underweighted in the U.S. and Japan.

    Analysts/portfolio managers: Stationed in London, Boston, Hong Kong and Tokyo.

    Parent company: ING Group.

    Michael Hughes is chief investment officer; Barclay Douglas is client contact.

    BNY Overlay Associates

    1 Canada Square, London E14 5AL England; phone: (44-207) 964-6112; fax: (44-207) 964-6753; www.bankofny.com

    (U.S. $ millions)

    Total worldwide assets 5,255

    Worldwide institutional assets 5,255

    Total U.S. institutional tax-exempt 4,515

    Tax-exempt int'l/global 4,515

    Internal tax-exempt int'l/global 4,515

    Internal international 4,515

    Currency overlay 4,515

    International asset mix:

    Currency overlay 100%

    Overlay strategies:

    Currency 4,515

    Analysts/portfolio managers: Stationed in London.

    Parent company: The Bank of New York.

    Kevin Bailey and Gary Vocat are client contacts.

    Bradford & Marzec Inc.

    333 S. Hope St., Suite 4050, Los Angeles, CA 90071; phone: (213) 687-9170; fax: (213) 687-9189

    (U.S. $ millions)

    Total worldwide assets 6,907

    Worldwide institutional assets 6,857

    Total U.S. institutional tax-exempt 6,795

    Tax-exempt int'l/global 4,554

    Internal tax-exempt int'l/global 4,554

    Internal global 4,554

    Active bonds 4,554

    Global asset mix:

    Bonds 98%

    Cash 2%

    Analysts/portfolio managers: Stationed in Los Angeles.

    Edward Bradford is chief investment officer; David Hogan and Sonja Walker are client contacts.

    Brandes Investment Partners LP

    11988 El Camino Real, Suite 500, San Diego, CA 92130; phone: (858) 755-0239; fax: (858) 755-0916; www.brandes.com

    (U.S. $ millions)

    Total worldwide assets 67,851

    Worldwide institutional assets 39,600

    Total U.S. institutional tax-exempt 14,546

    Tax-exempt int'l/global 14,320

    Internal tax-exempt int'l/global 14,320

    Internal international 11,397

    Active equity 9,403

    Emerging markets equity, active 1,994

    International asset mix:

    Equity 99%

    Cash 1%

    Internal global 2,923

    Active equity 2,590

    Emerging markets equity, active 333

    Global asset mix:

    Equity 99%

    Cash 1%

    Non-U.S. institutional tax-exempt 8,732

    Internally managed non-U.S. 8,732

    International equity: MSCI EAFE is the primary benchmark. The firm is underweighted in Japan, the U.K., Germany, France, Switzerland, Netherlands and Hong Kong.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.K.; underweighted in the U.S., Japan, Germany, France, Switzerland, Netherlands and Hong Kong.

    Analysts/portfolio managers: Stationed in San Diego and Geneva.

    Brent Woods is chief investment officer; Victor Therrien is client contact.

    Bridgewater Associates Inc.

    1 Glendinning Place, Westport, CT 06880; phone: (203) 226-3030; fax: (203) 291-7300; www.bwater.com

    (U.S. $ millions)

    Total worldwide assets 33,592

    Worldwide institutional assets 33,592

    Total U.S. institutional tax-exempt 16,702

    Tax-exempt int'l/global 16,176

    Internal tax-exempt int'l/global 16,176

    Internal international 10,042

    Indexed equity 69

    Active bonds 1,604

    Emerging markets debt 261

    Currency overlay 8,108

    International asset mix:

    Equity 1%

    Bonds 18%

    Currency overlay 81%

    Internal global 6,134

    Active bonds 3,557

    Indexed bonds 1,214

    Pure alpha 1,363

    Global asset mix:

    Bonds 78%

    Pure alpha 22%

    Overlay strategies:

    Currency 14,390

    Pure alpha 108

    Internally managed underlying assets 14,498

    Non-U.S. institutional tax-exempt 11,982

    Internally managed non-U.S. 11,982

    Analysts/portfolio managers: Stationed in Westport.

    Ray Dalio is chief investment officer; Bill Mahoney is client contact.

    Capital Guardian Trust Co.

    333 S. Hope St., Los Angeles, CA 90071; phone: (213) 486-9000; www.capgroup.com

    (U.S. $ millions)

    Total worldwide assets 122,561

    Worldwide institutional assets 122,561

    Total U.S. institutional tax-exempt 108,745

    Tax-exempt int'l/global 72,746

    Internal tax-exempt int'l/global 72,746

    Internal international 66,198

    Active equity 64,523

    Active bonds 82

    Emerging markets equity, active 1,468

    Emerging markets debt 125

    International asset mix:

    Equity 99.7%

    Bonds 0.3%

    Internal global 6,548

    Active equity 5,167

    Active bonds 1,381

    Global asset mix:

    Equity 79%

    Bonds 21%

    Non-U.S. institutional tax-exempt 7,237

    Internally managed non-U.S. 7,237

    Analysts/portfolio managers: Stationed in Washington, Geneva, Hong Kong, Los Angeles, London, Montreal, New York, San Francisco, Singapore, Tokyo and Toronto.

    Parent company: Capital Group Cos. Inc.

    Kerry Dempsey is client contact at (212) 649-1513.

    Credit Suisse Asset Management LLC

    466 Lexington Ave., New York, NY 10017; phone: (212) 875-3500; fax: (212) 983-4169; www.csam.com

    (U.S. $ millions)

    Total worldwide assets 302,609

    Worldwide institutional assets 123,826

    Total U.S. institutional tax-exempt 19,274

    Tax-exempt int'l/global 5,626

    Internal tax-exempt int'l/global 5,626

    Internal international 5,234

    Active equity 4,991

    Active bonds 101

    Emerging markets equity, active 142

    International asset mix:

    Equity 98%

    Bonds 2%

    Internal global 392

    Active equity 9

    Active bonds 383

    Global asset mix:

    Equity 2%

    Bonds 98%

    Overlay strategies:

    Derivatives 564

    Currency 2,194

    Non-U.S. institutional tax-exempt 85,682

    Internally managed non-U.S. 85,682

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.S. and Hong Kong; underweighted in Japan and the U.K.

    Analysts/portfolio managers: Stationed in New York; Zurich; London; Tokyo; Sydney; Frankfurt; Paris; Milan, Italy; Sao Paulo, Brazil; and Warsaw, Poland.

    Parent company: Credit Suisse Group.

    Laurence Smith is chief investment officer; George Jamgochian is client contact.

    Delaware International Advisers Ltd.

    80 Cheapside, 3rd Floor, London EC2V 6EE England; phone: (44-207) 477-7000; fax: (44-207) 523-0300

    (U.S. $ millions)

    Total worldwide assets 14,296

    Worldwide institutional assets 12,328

    Total U.S. institutional tax-exempt 11,735

    Tax-exempt int'l/global 11,735

    Internal tax-exempt int'l/global 11,735

    Internal international 10,893

    Active equity 9,451

    Active bonds 1,216

    Emerging markets equity, active 226

    International asset mix:

    Equity 89%

    Bonds 11%

    Internal global 842

    Active equity 83

    Active bonds 626

    Balanced 133

    Global asset mix:

    Equity 10%

    Bonds 74%

    Other 16%

    Non-U.S. institutional tax-exempt 593

    Internally managed non-U.S. 593

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in the U.K., Netherlands and Hong Kong; underweighted in Japan, Germany and France.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.K., Germany, France, Netherlands and Hong Kong; underweighted in the U.S. and Japan.

    Analysts/portfolio managers: Stationed in London.

    Parent company: Lincoln National Corp.

    David Tilles is chief investment officer; John C.E. Campbell is client contact at (215) 255-1096.

    Deutsche Asset Management

    1325 Avenue of the Americas, 27th Floor, New York, NY 10019; phone: (646) 557-1000; fax: (646) 557-1012;

    www.deam-us.com

    (U.S. $ millions)

    Total worldwide assets 735,066

    Worldwide institutional assets 520,460

    Total U.S. institutional tax-exempt 112,155

    Tax-exempt int'l/global 20,940

    Internal tax-exempt int'l/global 20,940

    Internal international 18,098

    Active equity 3,796

    Indexed equity 6,935

    Enhanced indexed equity 513

    Active bonds 31

    Emerging markets equity, active 187

    Emerging markets equity, indexed 5

    Emerging markets debt 99

    Currency overlay 6,532

    International asset mix:

    Equity 63%

    Bonds 1%

    Currency overlay 36%

    Internal global 2,842

    Active equity 1,348

    Indexed equity 311

    Active bonds 1,183

    Global asset mix:

    Equity 58%

    Bonds 42%

    Overlay strategies:

    Currency 6,532

    Internally managed underlying assets 6,532

    Non-U.S. institutional tax-exempt 149,226

    Internally managed non-U.S. 149,226

    Analysts/portfolio managers: Stationed in New York; Boston; Chicago; Philadelphia; London; Frankfurt; Seoul; Sydney; Tokyo; Milan, Italy; and Singapore.

    Parent company: Deutsche Bank AG.

    Dean Barr is chief investment officer; Richard Goldman is client contact.

    DuPont Capital Management Corp.

    1 Righter Parkway, Suite 3200, Wilmington, DE 19803; phone: (302) 477-6000; fax: (302) 477-6301; www.dupontcapital.com

    (U.S. $ millions)

    Total worldwide assets 24,118

    Worldwide institutional assets 24,118

    Total U.S. institutional tax-exempt 22,276

    Tax-exempt int'l/global 4,509

    Internal tax-exempt int'l/global 4,509

    Internal international 4,509

    Active equity 3,129

    Active bonds 437

    Emerging markets equity, active 609

    Emerging markets debt 334

    International asset mix:

    Equity 83%

    Bonds 17%

    Overlay strategies:

    Derivatives 312

    Internally managed underlying assets 312

    Non-U.S. institutional tax-exempt 1,612

    Internally managed non-U.S. 1,612

    International equity: MSCI EAFE-GDP weighted is the primary benchmark. The firm is overweighted in Switzerland and the Netherlands; underweighted in Japan, the U.K., Germany, France and Hong Kong.

    Analysts/portfolio managers: Stationed in Wilmington.

    Parent company: E. I. du Pont de Nemours & Co.

    E.J. Bassett is chief investment officer; J.W. Haley is client contact.

    Evergreen Investments

    200 Berkeley St., Boston, MA 02116; phone: (800) 225-1587; fax: (617) 210-3366; www.evergreeninvestments.com

    (U.S. $ millions)

    Total worldwide assets 217,836

    Worldwide institutional assets 116,875

    Total U.S. institutional tax-exempt 106,294

    Tax-exempt int'l/global 8,034

    Internal tax-exempt int'l/global 8,034

    Internal international 7,968

    Active equity 650

    Enhanced indexed equity 75

    Active bonds 7,063

    Emerging markets equity, active 180

    International asset mix:

    Equity 12%

    Bonds 88%

    Internal global 66

    Active equity 66

    Global asset mix:

    Equity 100%

    International equity: MSCI EAFE Free is the primary benchmark. The firm is overweighted in the Netherlands and Hong Kong; underweighted in Japan, the U.K., Germany, France and Switzerland.

    Global equity: MSCI World Free is the primary benchmark. The firm is overweighted in the U.K., Germany, France, Netherlands and Hong Kong; underweighted in the U.S., Japan and Switzerland.

    Analysts/portfolio managers: Stationed in Boston; New York; Philadelphia; Richmond, Va.; Charlotte, N.C.; Jacksonville, Fla.; London; Winston-Salem, N.C.; and Atlanta.

    Parent company: Wachovia Corp.

    The statistics above include data from Evergreen Investment Management Co. LLC and Evergreen International Advisors LLC.

    Dennis H. Ferro is chief investment officer; Sarah E. Morton is client contact.

    Fidelity Investments

    82 Devonshire St., Boston, MA 02109; phone: (800) 343-3548;

    www.fidelity.com

    (U.S. $ millions)

    Total worldwide assets 1,017,454

    Worldwide institutional assets 644,817

    Total U.S. institutional tax-exempt 389,100

    Tax-exempt int'l/global 18,017

    Internal tax-exempt int'l/global 13,185

    Internal international 10,979

    Active equity 10,068

    Emerging markets equity, active 53

    Emerging markets debt 858

    International asset mix:

    Equity 92%

    Bonds 8%

    Internal global 2,206

    Active equity 2,206

    Global asset mix:

    Equity 100%

    Non-U.S. institutional tax-exempt 1,501

    Internally managed non-U.S. 1,113

    In addition to the assets listed above, Fidelity Investments oversees $4.83 billion in U.S. institutional tax-exempt assets managed by external firms. Of that, $4.76 billion was in international and $76 million was in global accounts.

    Analysts/portfolio managers: Stationed in Boston, London, Tokyo and Hong Kong.

    Parent company: FMR Corp.

    The statistics above include data from: Fidelity Institutional Retirement Services Co., where Joe Dattilo is client contact at (508) 787-6889; Fidelity Investments Tax-Exempt Services Co., where Steve Keating is client contact at (508) 787-7207; Fidelity Management Trust Co., where Richard M.A. Horlick is client contact at (617) 392-8688; and Fidelity Investments Institutional Services Co. Inc., where Donald C. Holborn is client contact at (617) 563-1764.

    Franklin Templeton Investments

    1 Franklin Parkway, San Mateo, CA 94403; phone: (800) 368-3677; fax: (954) 527-2137; www.ftiinstitutional.com

    (U.S. $ millions)

    Total worldwide assets 274,473

    Worldwide institutional assets 82,890

    Total U.S. institutional tax-exempt 56,264

    Tax-exempt int'l/global 39,273

    Internal tax-exempt int'l/global 39,273

    Internal international 20,745

    Active equity 17,712

    Active bonds 60

    Emerging markets equity, active 2,970

    Emerging markets debt 3

    International asset mix:

    Equity 100%

    Internal global 18,528

    Active equity 12,719

    Active bonds 5,797

    Real estate 12

    Global asset mix:

    Equity 69%

    Bonds 31%

    Non-U.S. institutional tax-exempt 13,428

    Internally managed non-U.S. 13,428

    International equity: MSCI All Country World Free ex-U.S. is the primary benchmark for the Templeton portfolios. Templeton is overweighted in Germany, the Netherlands and Hong Kong; underweighted in Japan, the U.K., France and Switzerland.

    MSCI EAFE is the primary benchmark for the Fiduciary Trust portfolios.

    Global equity: MSCI All Country World Free is the primary benchmark. The firm is overweighted in the U.K., Germany, France, the Netherlands and Hong Kong; underweighted in the U.S., Japan and Switzerland.

    Analysts/portfolio managers: Stationed in San Mateo, Calif.; Fort Lauderdale, Fla.; Nassau, Bahamas; Toronto; Edinburgh; Hong Kong; Melbourne; London; Warsaw, Poland; Johannesburg, South Africa; Buenos Aires, Argentina; Istanbul; Washington; Singapore; Fort Lee, N.J.; Short Hills, N.J.; New York; Miami; Los Angeles; Geneva; Mumbai, India; Moscow; Shanghai; Rio de Janeiro; Seoul; and Calgary, Alberta.

    Parent company: Franklin Resources Inc.

    The statistics above include data from Franklin, Templeton, Fiduciary Trust Co. International and Mutual Series.

    Greg Johnson is chief investment officer; Peter Anderson is client contact.

    GE Asset Management Inc.

    201 Merritt 7, P.O. Box 4800, Norwalk, CT 06856-4800; phone: (203) 229-5325; fax: (203) 229-5016;

    www.geassetmanagement.com

    (U.S. $ millions)

    Total worldwide assets 159,112

    Worldwide institutional assets 84,347

    Total U.S. institutional tax-exempt 65,464

    Tax-exempt int'l/global 12,296

    Internal tax-exempt int'l/global 11,687

    Internal international 11,687

    Active equity 10,366

    Indexed equity 3

    Active bonds 533

    Emerging markets equity, active 616

    Other 169

    International asset mix:

    Equity 94%

    Bonds 5%

    Other 1%

    Non-U.S. institutional tax-exempt 3,552

    Internally managed non-U.S. 3,552

    In addition to the assets listed above, GE Asset Management Inc. oversees $609 million in U.S. institutional tax-exempt assets managed by external firms. Of that, $589 million was in international and $20 million in global accounts.

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Germany, France and the Netherlands; underweighted in Japan, the U.K., Switzerland and Hong Kong.

    Analysts/portfolio managers: Stationed in Stamford, Conn.; Montreal; Tokyo; London; and Los Angeles.

    Parent company: General Electric Co.

    John H. Myers is chief investment officer; Jack Boyce is client contact.

    General Motors Asset Management

    767 Fifth Ave., New York, NY 10153; phone: (212) 418-6150; fax: (212) 418-3654; www.gmam.com

    (U.S. $ millions)

    Total worldwide assets 112,100

    Worldwide institutional assets 112,100

    Total U.S. institutional tax-exempt 107,100

    Tax-exempt int'l/global 22,200

    Internal tax-exempt int'l/global 1,000

    Internal international 1,000

    Active equity 1,000

    International asset mix:

    Equity 100%

    Overlay strategies:

    Currency 9,300

    Internally managed underlying assets 490

    In addition to the assets listed above, General Motors Asset Management oversees $21.2 billion in U.S. institutional tax-exempt assets managed by external firms, all in international accounts.

    International equity: A customized EuroPac index is the primary benchmark. The firm is overweighted in the U.K., France, Netherlands and Hong Kong; underweighted in Japan, Germany and Switzerland.

    Analysts/portfolio managers: Stationed in New York.

    Parent company: General Motors Corp.

    W. Allen Reed is chief investment officer; Jack Miller is client contact.

    Goldman Sachs Asset Management

    32 Old Slip, 18th Floor, New York, NY 10005; phone: (212) 902-1000; fax: (917) 343-8248; www.gs.com

    (U.S. $ millions)

    Total worldwide assets 296,790

    Worldwide institutional assets 214,846

    Total U.S. institutional tax-exempt 51,722

    Tax-exempt int'l/global 6,329

    Internal tax-exempt int'l/global 6,329

    Internal international 1,459

    Active equity 994

    Enhanced indexed equity 318

    Active bonds 80

    Emerging markets equity, active 43

    Currency 24

    International asset mix:

    Equity 93%

    Bonds 5%

    Currency 2%

    Internal global 4,870

    Active equity 7

    Active bonds 485

    GTAA 4,378

    Global asset mix:

    Bonds 10%

    GTAA 90%

    Non-U.S. institutional tax-exempt 41,819

    Internally managed non-U.S. 41,819

    Analysts/portfolio managers: Stationed in New York; Tampa, Fla.; Princeton, N.J.; London; Tokyo; and Singapore.

    Parent company: Goldman Sachs & Co.

    Grantham, Mayo, Van Otterloo & Co. LLC

    40 Rowes Wharf, Boston, MA 02110; phone: (617) 330-7500; fax: (617) 261-0134; www.gmo.com

    (U.S. $ millions)

    Total worldwide assets 24,684

    Worldwide institutional assets 24,684

    Total U.S. institutional tax-exempt 22,485

    Tax-exempt int'l/global 13,732

    Internal tax-exempt int'l/global 13,732

    Internal international 12,122

    Active equity 8,620

    Active bonds 152

    Emerging markets equity, active 2,015

    Emerging markets debt 1,335

    International asset mix:

    Equity 88%

    Bonds 12%

    Internal global 1,610

    Active equity 428

    Active bonds 1,182

    Global asset mix:

    Equity 27%

    Bonds 73%

    Non-U.S. institutional tax-exempt 2,199

    Internally managed non-U.S. 2,199

    Analysts/portfolio managers: Stationed in Boston, San Francisco, London and Sydney.

    Jeremy Grantham is chief investment officer; F. Corning Kenly is client contact.

    INVESCO

    1360 Peachtree St. N.E., Suite 100, Atlanta, GA 30309; phone: (404) 892-0896; fax: (404) 439-3229; www.invesco.com

    (U.S. $ millions)

    Total worldwide assets 400,028

    Worldwide institutional assets 142,123

    Total U.S. institutional tax-exempt 111,282

    Tax-exempt int'l/global 6,231

    Internal tax-exempt int'l/global 6,231

    Internal international 6,231

    Active equity 6,231

    International asset mix:

    Equity 97%

    Cash 3%

    Non-U.S. institutional tax-exempt 22,282

    Internally managed non-U.S. 22,282

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Switzerland and the Netherlands; underweighted in Japan, the U.K., Germany, France and Hong Kong.

    Analysts/portfolio managers: Stationed in Atlanta; Boston; Dallas; London; Louisville, Ky.; New York; Palo Alto, Calif.; San Francisco; Baltimore; Buenos Aires, Argentina;Denver; Frankfurt; Henley, England; Hong Kong; Houston; Melbourne, Australia; Milan, Italy; Paris; Singapore; Taipei, Taiwan; Tokyo; Toronto; Washington; and Warsaw, Poland.

    Parent company: AMVESCAP PLC.

    The statistics above include data from AIM Advisors Inc.

    Erik Granade is chief investment officer; Kirk Holland is client contact.

    Lazard Asset Management

    30 Rockefeller Plaza, New York, NY 10112; phone: (212) 632-6000; fax: (212) 332-5901; www.lazardnet.com

    (U.S. $ millions)

    Total worldwide assets 65,015

    Worldwide institutional assets 39,720

    Total U.S. institutional tax-exempt 24,826

    Tax-exempt int'l/global 15,236

    Internal tax-exempt int'l/global 15,236

    Internal international 11,838

    Active equity 11,838

    International asset mix:

    Equity 100%

    Internal global 3,398

    Active equity 2,223

    Active bonds 532

    Emerging markets equity, active 643

    Global asset mix:

    Equity 84%

    Bonds 16%

    Non-U.S. institutional tax-exempt 10,886

    Internally managed non-U.S. 10,886

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Switzerland and Netherlands; underweighted in Japan, the U.K., Germany, France and Hong Kong.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in Germany, France, Switzerland and Netherlands; underweighted in the U.S., Japan, the U.K. and Hong Kong.

    Analysts/portfolio managers: Stationed in New York, London, Frankfurt, Sydney, Tokyo and Cairo.

    Parent company: Lazard Freres & Co. LLC.

    Herbert Gullquist is chief investment officer; Michael Charlton is client contact.

    Legg Mason Inc.

    100 Light St., Baltimore, MD 21202; phone: (410) 539-0000; www.leggmason.com

    (U.S. $ millions)

    Total worldwide assets 188,774

    Worldwide institutional assets 135,840

    Total U.S. institutional tax-exempt 97,979

    Tax-exempt int'l/global 6,673

    Internal tax-exempt int'l/global 6,655

    Internal international 4,833

    Active equity 844

    Active bonds 2,172

    Emerging markets equity, active 985

    Emerging markets debt 832

    International asset mix:

    Equity 38%

    Bonds 62%

    Internal global 1,822

    Active equity 4

    Active bonds 1,798

    Emerging markets debt 20

    Global asset mix:

    Bonds 100%

    Non-U.S. institutional tax-exempt 16,940

    Internally managed non-U.S. 16,940

    In addition to the assets listed above, Legg Mason Inc. oversees $18 million in U.S. institutional tax-exempt assets managed by external firms, all in international accounts.

    International equity: MSCI EAFE is the primary benchmark. The firm is underweighted in Japan, Germany, France and Switzerland.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the Japan, U.K., Netherlands and Hong Kong; underweighted in U.S., Germany, France and Switzerland.

    Analysts/portfolio managers: Stationed in Baltimore; Boston; Cincinnati; Dayton, Ohio; London; Naples, Fla.; Montreal; New York; Pasadena, Calif.; Philadelphia; Singapore; Toronto; Vancouver, British Columbia; Waterloo, Ontario; Wilkes-Barre, Pa.; and Wilmington, Del.

    The statistics above include data from Barrett Associates, Bartlett & Co., Batterymarch Financial Management, Berkshire Asset Management, Bingham Legg Advisers, Brandywine Asset Management, Focus Capital, Gray Seifert, Legg Mason Capital Management, Legg Mason Funds Management, Legg Mason Investors, Legg Mason Real Estate Services, Legg Mason Trust FSB, Legg Mason Wood Walker, Perigee Investment Counsel, Private Capital Management, Royce & Associates and Western Asset Management.

    Edward A. Taber is client contact.

    Marathon-London

    Orion House, 5 Upper St. Martin's Lane, London WC2H 9EA England; phone: (44-207) 497-2211; fax: (44-207) 497-2399; www.marathon-london.com

    (U.S. $ millions)

    Total worldwide assets 10,700

    Worldwide institutional assets 10,700

    Total U.S. institutional tax-exempt 8,900

    Tax-exempt int'l/global 8,900

    Internal tax-exempt int'l/global 8,900

    Internal international 8,400

    Active equity 8,400

    International asset mix:

    Equity 100%

    Internal global 500

    Active equity 500

    Global asset mix:

    Equity 100%

    Non-U.S. institutional tax-exempt 1,200

    Internally managed non-U.S. 1,200

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Japan and Hong Kong; underweighted in the U.K., Germany, France, Switzerland and Netherlands.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in Hong Kong; underweighted in the U.S., Japan, the U.K., Germany, France, Switzerland and Netherlands.

    Analysts/portfolio managers: Stationed in London.

    Jeremy Hosking is chief investment officer; Helen Blanchard is client contact at (203) 263-0420.

    Marvin & Palmer Associates Inc.

    1201 N. Market St., Suite 2300, Wilmington, DE 19801-1165; phone: (302) 573-3570; fax: (302) 573-6772;

    www.marvinandpalmer.com

    (U.S. $ millions)

    Total worldwide assets 7,239

    Worldwide institutional assets 5,808

    Total U.S. institutional tax-exempt 4,951

    Tax-exempt int'l/global 4,822

    Internal tax-exempt int'l/global 4,822

    Internal international 4,575

    Active equity 3,932

    Emerging markets equity, active 643

    International asset mix:

    Equity 100%

    Internal global 247

    Active equity 247

    Global asset mix:

    Equity 100%

    Non-U.S. institutional tax-exempt 457

    Internally managed non-U.S. 457

    International equity: MSCI EAFE is the primary benchmark. The firm is underweighted in Japan, the U.K., Germany, France, Switzerland, Netherlands and Hong Kong.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.S., and underweighted in Japan, the U.K., Germany, France, Switzerland, the Netherlands and Hong Kong.

    Analysts/portfolio managers: Stationed in Wilmington, Del.

    David F. Marvin is chief investment officer; Stephen Gannon is client contact.

    Mellon Capital Management Corp.

    595 Market St., Suite 3000, San Francisco, CA 94105; phone: (415) 546-6056; fax: (415) 975-2375; www.mcm.com

    (U.S. $ millions)

    Total worldwide assets 80,658

    Worldwide institutional assets 80,658

    Total U.S. institutional tax-exempt 64,219

    Tax-exempt int'l/global 5,073

    Internal tax-exempt int'l/global 5,073

    Internal international 1,556

    Indexed equity 1,556

    International asset mix:

    Equity 100%

    Internal global 3,517

    Balanced 3,517

    Global asset mix:

    Equity 64%

    Bonds 36%

    Overlay strategies:

    Derivatives 17,682

    Currency 140

    Internally managed underlying assets 118

    Non-U.S. institutional tax-exempt 1,340

    Internally managed non-U.S. 1,340

    Analysts/portfolio managers: Stationed in San Francisco.

    Parent company: Mellon Financial Corp.

    Thomas Hazuka is chief investment officer; Barbara Daugherty is client contact.

    J.P. Morgan Fleming Asset Management

    522 Fifth Ave., New York, NY 10036; phone: (212) 837-2300; fax: (212) 837-2780; www.jpmorganfleming.com

    (U.S. $ millions)

    Total worldwide assets 582,464

    Worldwide institutional assets 387,365

    Total U.S. institutional tax-exempt 145,668

    Tax-exempt int'l/global 33,000

    Internal tax-exempt int'l/global 19,582

    Internal international 15,930

    Active equity 6,191

    Enhanced indexed equity 332

    Active bonds 538

    Emerging markets equity, active 1,602

    Emerging markets debt 799

    Currency overlay 6,468

    International asset mix:

    Equity 51%

    Bonds 8%

    Currency overlay 41%

    Internal global 3,652

    Active equity 1,673

    Active bonds 1,979

    Global asset mix:

    Equity 46%

    Bonds 54%

    Overlay strategies:

    Currency 16,154

    Internally managed underlying assets 6,468

    Non-U.S. institutional tax-exempt 79,304

    Internally managed non-U.S. 79,304

    In addition to the assets listed above, J.P. Morgan Fleming Asset Management oversees $13.42 billion in U.S. institutional tax-exempt assets managed by external firms, all in global accounts.

    Analysts/portfolio managers: Stationed in New York; Boston; Houston; Los Angeles; San Francisco; Sao Paulo; Frankfurt; London; Madrid; Moscow; Prague, Czech Republic; Bangkok; Hong Kong; Melbourne; Mumbai, India; Seoul; Sydney; Taipei; and Tokyo.

    Parent company: J.P. Morgan Chase & Co.

    Eve Guernsey is client contact.

    Morgan Stanley Investment Management Inc.

    1221 Avenue of the Americas, New York, NY 10020; phone: (212) 762-7400; fax: (212) 762-7401; www.morganstanley.com/im

    (U.S. $ millions)

    Total worldwide assets 415,901

    Worldwide institutional assets 176,392

    Total U.S. institutional tax-exempt 64,794

    Tax-exempt int'l/global 32,141

    Internal tax-exempt int'l/global 32,141

    Internal international 29,884

    Active equity 26,330

    Active bonds 2

    Emerging markets equity, active 3,484

    Emerging markets debt 68

    International asset mix:

    Equity 99%

    Bonds 1%

    Internal global 2,257

    Active equity 594

    Active bonds 1,663

    Global asset mix:

    Equity 26%

    Bonds 74%

    Non-U.S. institutional tax-exempt 4,907

    Internally managed non-U.S. 4,907

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Japan, the U.K., Switzerland and the Netherlands; underweighted in Germany, France and Hong Kong.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.K., France, Switzerland and the Netherlands; underweighted in the U.S., Japan and Germany.

    Analysts/portfolio managers: Stationed in New York; Philadelphia; London; Tokyo; Singapore; Mumbai, India; Amsterdam; Oak Brook, Ill.; and Houston.

    Parent company: Morgan Stanley.

    The statistics above include data from Morgan Stanley Investments LP, Morgan Stanley Investment Management Ltd., Morgan Stanley Asset & Investment Trust Management Co. Ltd., Morgan Stanley Investment Management Co., Morgan Stanley Investment Management Private Ltd., Van Kampen Investments Inc. and Morgan Stanley Investment Advisors Inc.

    Joseph McAlinden is chief investment officer; Tracey Ivey is client contact at (610) 940-5188.

    Nicholas-Applegate Capital Management

    600 W. Broadway, 29th Floor, San Diego, CA 92101; phone: (619) 687-8000; fax: (619) 687-2979; www.nacm.com

    (U.S. $ millions)

    Total worldwide assets 25,516

    Worldwide institutional assets 21,807

    Total U.S. institutional tax-exempt 16,825

    Tax-exempt int'l/global 5,119

    Internal tax-exempt int'l/global 5,119

    Internal international 4,191

    Active equity 3,547

    Emerging markets equity, active 644

    International asset mix:

    Equity 100%

    Internal global 928

    Active equity 928

    Global asset mix:

    Equity 100%

    Non-U.S. institutional tax-exempt 2,578

    Internally managed non-U.S. 2,578

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Hong Kong; underweighted in Japan, the U.K., Germany, France, Switzerland and Netherlands.

    Global equity: MSCI All Country World Free is the primary benchmark. The firm is overweighted in France and Netherlands; underweighted in the U.S., Japan, the U.K., Germany, Switzerland and Hong Kong.

    Analysts/portfolio managers: Stationed in San Diego.

    Parent company: Allianz AG.

    Catherine Somhegyi Nicholas is chief investment officer; Susan Small is client contact at (847) 784-8986.

    Northern Trust Global Investments

    50 S. LaSalle St., Chicago, IL 60675; phone: (312) 630-6000; fax: (312) 630-1488; www.northerntrust.com

    (U.S. $ millions)

    Total worldwide assets 337,739

    Worldwide institutional assets 281,505

    Total U.S. institutional tax-exempt 243,829

    Tax-exempt int'l/global 8,911

    Internal tax-exempt int'l/global 3,415

    Internal international 3,196

    Active equity 1,163

    Indexed equity 991

    Active bonds 50

    Cash 992

    International asset mix:

    Equity 67%

    Bonds 2%

    Cash 31%

    Internal global 219

    Indexed bonds 219

    Global asset mix:

    Bonds 100%

    Overlay strategies:

    Derivatives 28

    Internally managed underlying assets 28

    Non-U.S. institutional tax-exempt 4,307

    Internally managed non-U.S. 51

    In addition to the assets listed above, Northern Trust Global Investments oversees $5.49 billion in U.S. institutional tax-exempt assets managed by external firms. Of that, $3.82 billion was in international and $1.67 billion in global accounts.

    International equity: MSCI EAFE is the primary benchmark.

    Analysts/portfolio managers: Stationed in Chicago and London.

    Parent company: The Northern Trust Co.

    The statistics above include data from Northern Trust Global Investments (Europe) and Northern Trust Global Advisors.

    Orie L. Dudley is chief investment officer; Jim Barrett is client contact.

    Oechsle International Advisors LLC

    1 International Place, 23rd Floor, Boston, MA 02110; phone: (617) 330-8810; fax: (617) 330-8620

    (U.S. $ millions)

    Total worldwide assets 14,572

    Worldwide institutional assets 14,572

    Total U.S. institutional tax-exempt 12,434

    Tax-exempt int'l/global 12,434

    Internal tax-exempt int'l/global 12,434

    Internal international 12,377

    Active equity 12,024

    Active bonds 353

    International asset mix:

    Equity 97%

    Bonds 3%

    Internal global 57

    Active bonds 57

    Global asset mix:

    Bonds 100%

    Non-U.S. institutional tax-exempt 357

    Internally managed non-U.S. 357

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Japan, Germany, France, the Netherlands and Hong Kong; underweighted in the U.K. and Switzerland.

    Analysts/portfolio managers: Stationed in Boston, Frankfurt, Tokyo and London.

    S. Dewey Keesler is chief investment officer; Stephen P. Langer is client contact.

    Pacific Investment Management Co.

    840 Newport Center Drive, Suite 300, Newport Beach, CA 92660; phone: (949) 720-6000; fax: (949) 720-1376; www.pimco.com

    (U.S. $ millions)

    Total worldwide assets 253,765

    Worldwide institutional assets 240,944

    Total U.S. institutional tax-exempt 204,999

    Tax-exempt int'l/global 6,108

    Internal tax-exempt int'l/global 6,108

    Internal international 4,589

    Active bonds 3,286

    Emerging markets debt 1,303

    International asset mix:

    Bonds 100%

    Internal global 1,519

    Active bonds 1,519

    Global asset mix:

    Bonds 100%

    Non-U.S. institutional tax-exempt 10,982

    Internally managed non-U.S. 10,982

    Analysts/portfolio managers: Stationed in Newport Beach, Calif.; Munich; London; Sydney; Singapore; and Tokyo.

    Parent company: Allianz Dresdner Asset Management ofAmerica LP.

    William Gross is chief investment officer; John Loftus is client contact.

    Pareto Partners

    505 Park Ave., New York, NY 10022; phone: (212) 527-1800; fax: (212) 527-1818

    (U.S. $ millions)

    Total worldwide assets 34,428

    Worldwide institutional assets 34,428

    Total U.S. institutional tax-exempt 18,395

    Tax-exempt int'l/global 17,820

    Internal tax-exempt int'l/global 17,820

    Internal international 288

    Active bonds 288

    International asset mix:

    Bonds 100%

    Internal global 17,532

    Active bonds 322

    Currency overlay 17,210

    Global asset mix:

    Bonds 2%

    Currency overlay 98%

    Overlay strategies:

    Currency 17,210

    Internally managed underlying assets 457

    Non-U.S. institutional tax-exempt 14,410

    Internally managed non-U.S. 14,410

    Analysts/portfolio managers: Stationed in London, New York, Sydney and Los Angeles.

    Dan Roberts is chief investment officer; Dan Lass is client contact.

    Payden & Rygel

    333 S. Grand Ave., Los Angeles, CA 90071; phone: (213) 625-1900; fax: (213) 617-0152; www.payden.com

    (U.S. $ millions)

    Total worldwide assets 36,725

    Worldwide institutional assets 35,425

    Total U.S. institutional tax-exempt 32,325

    Tax-exempt int'l/global 5,110

    Internal tax-exempt int'l/global 5,110

    Internal international 95

    Active equity 95

    International asset mix:

    Equity 100%

    Internal global 5,015

    Active equity 200

    Active bonds 4,315

    Emerging markets debt 500

    Global asset mix:

    Equity 4%

    Bonds 96%

    Overlay strategies:

    Derivatives 200

    Internally managed underlying assets 200

    Non-U.S. institutional tax-exempt 3,100

    Internally managed non-U.S. 3,100

    International equity: Dow Jones STOXX is the primary benchmark. The firm is overweighted in Germany, France and Switzerland; underweighted in the U.K. and Netherlands.

    Analysts/portfolio managers: Stationed in Los Angeles, London and Frankfurt.

    Scott J. Weiner is client contact.

    T. Rowe Price International Inc.

    100 E. Pratt St., Baltimore, MD 21202; phone: (410) 345-2000; fax: (410) 547-1270; www.troweprice.com

    (U.S. $ millions)

    Total worldwide assets 23,952

    Worldwide institutional assets 13,424

    Total U.S. institutional tax-exempt 11,830

    Tax-exempt int'l/global 11,830

    Internal tax-exempt int'l/global 11,830

    Internal international 11,830

    Active equity 11,220

    Active bonds 32

    Emerging markets equity, active 578

    International asset mix:

    Equity 92%

    Cash 8%

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in the U.K., France and Netherlands; underweighted in Japan, Germany, Switzerland and Hong Kong.

    Analysts/portfolio managers: Stationed in Baltimore; London; Paris; Buenos Aires; Tokyo; Singapore; and Hong Kong.

    Parent company: T. Rowe Price Associates Inc.

    John Ford is chief investment officer; Debbie Veverka is client contact.

    Prudential Financial

    751 Broad St., Newark, N.J. 07102; phone: (973) 802-7399; fax: (973) 802-8420; www.prudential.com

    (U.S. $ millions)

    Total worldwide assets 378,824

    Worldwide institutional assets 251,571

    Total U.S. institutional tax-exempt 122,897

    Tax-exempt int'l/global 4,987

    Internal tax-exempt int'l/global 3,739

    Internal international 2,623

    Active equity 802

    Indexed equity 814

    Active bonds 558

    Emerging markets debt 41

    Real estate 354

    Private equity 54

    International asset mix:

    Equity 61%

    Bonds 23%

    Other 16%

    Internal global 1,116

    Active equity 279

    Active bonds 834

    Venture capital 3

    Global asset mix:

    Equity 25%

    Bonds 75%

    Non-U.S. institutional tax-exempt 592

    Internally managed non-U.S. 592

    In addition to the assets listed above, Prudential Financial oversees $1.248 billion in U.S. institutional tax-exempt assets managed by external firms. Of that, $990 million was in international and $258 million in global accounts.

    Analysts/portfolio managers: Stationed in Newark; New York; London; Tokyo; and Singapore.

    The statistics above include data from Jennison Associates LLC.

    Kevin Myers is client contact.

    Putnam Investments

    1 Post Office Square, Boston, MA 02109; phone: (617) 292-1000; fax: (617) 292-8614; www.putnaminv.com

    (U.S. $ millions)

    Total worldwide assets 313,571

    Worldwide institutional assets 128,577

    Total U.S. institutional tax-exempt 103,068

    Tax-exempt int'l/global 37,648

    Internal tax-exempt int'l/global 37,648

    Internal international 31,035

    Active equity 30,792

    Active bonds 19

    Emerging markets equity, active 209

    Emerging markets debt 15

    International asset mix:

    Equity 99.9%

    Bonds 0.1%

    Internal global 6,613

    Active equity 5,623

    Active bonds 990

    Global asset mix:

    Equity 85%

    Bonds 15%

    Non-U.S. institutional tax-exempt 15,946

    Internally managed non-U.S. 15,946

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in France; underweighted in Japan, the U.K., Germany, Switzerland, Netherlands and Hong Kong.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.S., the U.K., France and Netherlands; underweighted in Japan, Germany, Switzerland and Hong Kong.

    Analysts/portfolio managers: Stationed in Boston, London and Tokyo.

    Parent company: Marsh & McLennan Cos. Inc.

    Tim Ferguson is chief investment officer; Frank Porcelli is client contact.

    Rogge Global Partners PLC

    Sion Hall, 56 Victoria Embankment, London EC4Y 0DZ England; phone: (44-207) 842-8420; fax: (44-207) 842-8421; www.rogge.co.uk

    (U.S. $ millions)

    Total worldwide assets 5,732

    Worldwide institutional assets 5,512

    Total U.S. institutional tax-exempt 4,152

    Tax-exempt int'l/global 4,152

    Internal tax-exempt int'l/global 4,152

    Internal international 3,068

    Active bonds 2,973

    Emerging markets debt 95

    International asset mix:

    Bonds 99%

    Cash 1%

    Internal global 1,084

    Active bonds 1,034

    Emerging markets debt 50

    Global asset mix:

    Bonds 97%

    Cash 3%

    Non-U.S. institutional tax-exempt 1,360

    Internally managed non-U.S. 1,360

    Analysts/portfolio managers: Stationed in London and Westport, Conn.

    Parent company: Old Mutual PLC.

    Olaf Rogge is chief investment officer; Richard Gilmartin and Jonathan Dow are client contacts at (203) 254-7254.

    Frank Russell Co.

    909 A St., Tacoma, WA 98402; phone: (253) 572-9500; fax: (253) 591-3495; www.russell.com

    (U.S. $ millions)

    Total worldwide assets 70,300

    Worldwide institutional assets 48,000

    Total U.S. institutional tax-exempt 33,000

    Tax-exempt int'l/global 4,700

    Overlay strategies:

    Derivatives 800

    Non-U.S. institutional tax-exempt 9,500

    Frank Russell Co. oversees $4.7 billion in U.S. institutional tax-exempt assets managed by external firms, all in international accounts.

    Analysts/portfolio managers: Stationed in New York; Tacoma, Wash.; Sydney; Toronto; London; Tokyo; Auckland, New Zealand; Paris; and Singapore.

    Parent company: Northwestern Mutual Life Insurance Co.

    The statistics above include data from Frank Russell Trust Co., Frank Russell Investments (Japan) Ltd., Frank Russell Investments (Ireland) Ltd., Frank Russell Investment Management Co., Frank Russell Investments (U.K.) Ltd., Frank Russell Investments (Cayman) Ltd., Frank Russell Canada Ltd./Lte. and Frank Russell Co. Pty. Ltd.

    Randy Lert is chief investment officer; Lou Rowan is client contact.

    Schroder Investment Management North America Inc.

    875 Third Ave., 22nd Floor, New York, NY 10022; phone: (212) 641-3900; fax: (212) 641-3985; www.schroders.com

    (U.S. $ millions)

    Total worldwide assets* 160,115

    Worldwide institutional assets 131,820

    Total U.S. institutional tax-exempt 21,871

    Tax-exempt int'l/global 18,748

    Internal tax-exempt int'l/global 18,748

    Internal international 18,748

    Active equity 13,543

    Emerging markets equity, active 5,185

    Emerging markets debt 20

    International asset mix:

    Equity 97%

    Cash 3%

    Non-U.S. institutional tax-exempt* 78,135

    Internally managed non-U.S. 78,135

    *as of Dec. 31, worldwide and non-U.S. only

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in Germany, France, Switzerland, the Netherlands and Hong Kong; underweighted in Japan and the U.K.

    Analysts/portfolio managers: Stationed in London; Boston; New York; Mexico City; Buenos Aires; Sao Paulo; Hong Kong; Seoul; Shanghai; Singapore; Sydney; Taipei; Tokyo; Zurich; and Geneva.

    Parent company: Schroders PLC.

    Frances Selby is client contact.

    Silchester International Investors Ltd.

    780 Third Ave., 42nd Floor, New York, NY 10017; phone: (212) 376-7560; fax: (212) 376-7555

    (U.S. $ millions)

    Total worldwide assets 8,530

    Worldwide institutional assets 7,676

    Total U.S. institutional tax-exempt 7,359

    Tax-exempt int'l/global 7,359

    Internal tax-exempt int'l/global 7,359

    Internal international 7,359

    Active equity 7,359

    International asset mix:

    Equity 100%

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in the U.K., Switzerland, Netherlands and Hong Kong; underweighted in Japan, Germany and France.

    Analysts/portfolio managers: Stationed in London.

    Stephen Butt is chief investment officer; Christopher Cowie is client contact.

    State Street Global Advisors

    2 International Place, Boston, MA 02110; phone: (617) 664-4738; fax: (617) 664-2950; www.ssga.com

    (U.S. $ millions)

    Total worldwide assets 805,739

    Worldwide institutional assets 785,740

    Total U.S. institutional tax-exempt 668,336

    Tax-exempt int'l/global 81,016

    Internal tax-exempt int'l/global 80,546

    Internal international 76,809

    Active equity 2,424

    Indexed equity 66,916

    Enhanced indexed equity 115

    Active bonds 1,842

    Indexed bonds 231

    Emerging markets equity, active 2,359

    Emerging markets equity, indexed 2,922

    International asset mix:

    Equity 97%

    Bonds 3%

    Internal global 3,737

    Active equity 189

    Indexed equity 1,116

    Enhanced indexed equity 30

    Active bonds 1,381

    Indexed bonds 1,021

    Global asset mix:

    Equity 36%

    Bonds 64%

    Overlay strategies:

    Currency 12,086

    Other 8,427

    Internally managed underlying assets 17,563

    Non-U.S. institutional tax-exempt 104,281

    Internally managed non-U.S. 104,281

    In addition to the assets listed above, State Street Global Advisors oversees $470 million in U.S. institutional tax-exempt assets managed by external firms, all in international accounts.

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in the U.K., France and the Netherlands; underweighted in Japan, Germany, Switzerland and Hong Kong.

    Global equity: MSCI World is the primary benchmark. The firm is overweighted in the U.S., the U.K., France, the Netherlands and Hong Kong; underweighted in Japan, Germany and Switzerland.

    Analysts/portfolio managers: Stationed in Boston, Hong Kong, London, Montreal, Munich, Paris, Singapore, Sydney and Tokyo.

    Parent company: State Street Corp.

    The statistics above include data from SSgA Hong Kong, SSgA United Kingdom, SSgA Canada, SSgA France, SSgA Australia, SSgA Japan and SSgA Germany.

    Alan Brown is chief investment officer; Chris Pope is defined benefit plan client contact.

    Strategic Investment Group

    1001 19th St. N., 16th Floor, Arlington, VA 22209; phone: (703) 243-4433; fax: (703) 243-2266; www.2strategic.com

    (U.S. $ millions)

    Total worldwide assets 7,605

    Worldwide institutional assets 7,396

    Total U.S. institutional tax-exempt 5,707

    Tax-exempt int'l/global 4,787

    Non-U.S. institutional tax-exempt 562

    Internally managed non-U.S. 100

    Strategic Investment Group oversees $4.79 billion in U.S. institutional tax-exempt assets managed by external firms, all in global accounts.

    Analysts/portfolio managers: Stationed in Arlington, Va.

    Christopher Brightman is chief investment officer; Brielle Dravin is client contact.

    TIAA-CREF

    730 Third Ave., New York, NY 10017; phone: (212) 490-9000; fax: (212) 916-4966; www.tiaa-cref.org

    (U.S. $ millions)

    Total worldwide assets 277,195

    Worldwide institutional assets 271,766

    Total U.S. institutional tax-exempt 271,766

    Tax-exempt int'l/global 6,785

    Internal tax-exempt int'l/global 6,785

    Internal global 6,785

    Analysts/portfolio managers: Stationed in New York.

    Martin L. Leibowitz is chief investment officer; David Shunk is client contact.

    TT International Investment Management

    Martin House, 5 Martin Lane, London EC4R 0DP England; phone: (44-207) 410-3500; fax: (44-207) 410-3509; www.ttint.com

    (U.S. $ millions)

    Total worldwide assets 7,998

    Worldwide institutional assets 7,512

    Total U.S. institutional tax-exempt 5,645

    Tax-exempt int'l/global 5,645

    Internal tax-exempt int'l/global 5,645

    Internal international 5,645

    Active equity 5,645

    International asset mix:

    Equity 97%

    Cash 3%

    Non-U.S. institutional tax-exempt 1,445

    Internally managed non-U.S. 1,445

    International equity: MSCI EAFE is the primary benchmark. The firm is overweighted in the U.K. and underweighted in Japan, Germany, Netherlands and Hong Kong.

    Analysts/portfolio managers: Stationed in London.

    Henry Bedford is chief investment officer; Toby Gibb is client contact.

    UBS Global Asset Management

    209 S. LaSalle St., Chicago, IL 60604; phone: (312) 220-7100; fax: (312) 220-7199; www.ubs.com/globalam

    (U.S. $ millions)

    Total worldwide assets 398,062

    Worldwide institutional assets 191,605

    Total U.S. institutional tax-exempt 55,964

    Tax-exempt int'l/global 13,532

    Internal tax-exempt int'l/global 13,532

    Internal international 7,171

    Active equity 5,470

    Active bonds 1,661

    Emerging markets equity, active 4

    Emerging markets debt 36

    International asset mix:

    Equity 76%

    Bonds 23%

    Cash 1%

    Internal global 6,361

    Active equity 3,625

    Active bonds 1,389

    Emerging markets equity, active 85

    Emerging markets debt 28

    Real estate 64

    Other 1,170

    Global asset mix:

    Equity 58%

    Bonds 22%

    Cash 3%

    Other 17%

    Non-U.S. institutional tax-exempt 125,787

    Internally managed non-U.S. 125,787

    International equity: MSCI World Free ex-U.S. Unhedged is the primary benchmark. The firm is overweighted in the U.K., France and the Netherlands; underweighted in Japan, Germany, Switzerland and Hong Kong.

    Global equity: MSCI World Free Unhedged is the primary benchmark. The firm is overweighted in the U.K., France, the Netherlands and Hong Kong; underweighted in the U.S., Japan, Germany and Switzerland.

    Analysts/portfolio managers: Stationed in Chicago; London; Zurich; Tokyo; New York; Montreal; Dallas; Frankfurt; Geneva; Hong Kong; Hartford, Conn.; Toronto; Manama, Bahrain; Melbourne, Australia; Paris; San Francisco; Vancouver, British Columbia; Sydney; Taipei, Taiwan; and West Lebanon, N.H.

    Parent company: UBS AG.

    The statistics above include data from UBS Realty Investors LLC, UBS Timber Investors, UBS AgriVest LLC and O'Connor LLC.

    Jeffrey J. Diermeier is chief investment officer; Deborah D. Boedicker is client contact.

    The Vanguard Group Inc.

    100 Vanguard Blvd., Malvern, PA 19355; phone: (800) 523-1036; fax: (610) 669-4013; www.vanguard.com

    (U.S. $ millions)

    Total worldwide assets 630,600

    Worldwide institutional assets 279,132

    Total U.S. institutional tax-exempt 191,485

    Tax-exempt int'l/global 4,616

    Internal tax-exempt int'l/global 1,256

    Internal international 1,256

    Indexed equity 1,174

    Emerging markets equity, indexed 82

    International asset mix:

    Equity 100%

    Non-U.S. institutional tax-exempt 2,580

    Internally managed non-U.S. 2,492

    In addition to the assets listed above, The Vanguard Group Inc. oversees $3.36 billion in U.S. institutional tax-exempt assets managed by external firms. Of that, $3.34 billion was in international and $23 million in global accounts.

    Analysts/portfolio managers: Stationed in Malvern and Brussels.

    Gerard Mullane is client contact.

    Wellington Management Co. LLP

    75 State St., Boston, MA 02109; phone: (617) 951-5000; fax: (617) 263-4100; www.wellington.com

    (U.S. $ millions)

    Total worldwide assets 321,509

    Worldwide institutional assets 113,554

    Total U.S. institutional tax-exempt 65,146

    Tax-exempt int'l/global 7,503

    Internal tax-exempt int'l/global 7,503

    Internal international 5,593

    Active equity 3,832

    Active bonds 1,224

    Emerging markets equity, active 427

    Emerging markets debt 110

    International asset mix:

    Equity 76%

    Bonds 24%

    Internal global 1,910

    Active equity 1,461

    Active bonds 449

    Global asset mix:

    Equity 76%

    Bonds 24%

    Non-U.S. institutional tax-exempt 21,356

    Internally managed non-U.S. 21,356

    Analysts/portfolio managers: Stationed in Boston; Radnor, Pa.; and Singapore.

    Angela Papadopoulos is client contact.

    Recommended for You
    Read the print edition of P&I
    Read the print edition of P&I
    How low is low? Projections say it's not low enough
    How low is low? Projections say it's not low enough
    FINRA honors Wharton's Olivia Mitchell with Ketchum Prize
    FINRA honors Wharton's Olivia Mitchell with Ketchum Prize
    ESG: Sustainability - Gaining Momentum
    Sponsored Content: ESG: Sustainability - Gaining Momentum

    Reader Poll

    June 6, 2022
    SEE MORE POLLS >
    Sponsored
    White Papers
    Nearing the finish line: Ideas on end-state investing for corporate DB plans
    The Meaning of "Portfolio Intelligence"
    Credit Indices: Closing the Fixed Income Evolutionary Gap
    Forever in Style: Benchmarking with the Morningstar® Broad Style Indexes℠
    Crossroads: Politics, Inflation, & Bonds
    Is there a mid-cap gap in your DC plan?
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    July 4, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE Act 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • WPS Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • ESG Sustainability - Gaining Momentum
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2022 Retirement Income Conference
      • 2022 Managing Pension Risk & Liabilities
      • 2022 WorldPensionSummit