Breadcrumb Home INTERACTIVE July 25, 2011 01:00 AM Table: Largest managers of outsourced assets Tweet Share Share Email More Reprints Print Largest managers of outsourced assetsRanked by total institutional outsourced assets, in millions, as of March 31, 2011. Excludes target-date and lifecycle funds.Investment discretion% of total portfolio managed% by fund vehicleManagerInst'l outsourced assetsInst'l clientsFullPartial Mini-mal tononeTotalPartialComm-ingledSepa-rate%custom-izedRussell Investments$75,72837610%90%0%68%32%89%11%94%Cambridge Associates$72,1221995%95%0%63%37%N/AN/A100%SEI Investments$54,69845415%85%0%81%19%95%5%100%Mercer$51,0102830%100%0%0%100%99%1%100%Towers Watson Investment$50,00043100%0%0%75%25%0%100%100%State Street Global Advisors$41,0663530%35%65%31%69%7%93%100%Northern Trust Global Advisors$40,7009560%23%17%60%40%20%80%99%BlackRock$39,0071394%6%0%100%0%10%90%100%Strategic Investment Group$27,7935087%4%9%84%16%2%98%98%Makena Capital$15,00050100%0%0%30%70%100%0%0%Hewitt EnnisKnupp$13,3745196%2%2%97%3%43%57%100%Hirtle Callaghan & Co.$12,800111100%0%0%70%30%75%25%100%UBS Global Asset Mgmt.$12,800N/AN/AN/AN/AN/AN/AN/AN/AN/ACardano Risk Mgmt.$11,000N/A40%60%0%85%15%45%55%100%Rogerscasey$10,6001160%40%0%90%10%30%70%100%Commonfund$8,0029185%15%0%100%0%96%4%100%Morgan Creek Capital Mgmt.$8,000140%100%0%90%10%80%20%100%Graystone Consulting/MSSB$7,99428100%0%0%99%1%30%70%100%Pyramis Global Advisors$6,6934510%66%24%10%90%100%0%100%Investure*$6,500N/AN/AN/AN/AN/AN/AN/AN/AN/AAetos Alternatives Mgmt.$5,85514190%10%0%7%93%40%60%100%Marco Consulting Group$5,50036100%0%0%100%0%55%45%100%TIAA-CREF$5,000N/AN/AN/AN/AN/AN/AN/AN/AN/AIndependent Fiduciary Services$3,8422568%3%29%33%67%0%100%100%HighVista Strategies$3,0217174%0%26%26%74%74%26%0%Partners Capital Investment$2,800390%36%64%0%100%100%0%100%Hall Capital Partners$2,0001912%0%88%N/AN/AN/AN/A100%Fund Evaluation Group$1,6707847%53%0%47%53%N/AN/A100%Angeles Investment Advisors$1,3002287%12%0%100%0%N/AN/A100%Wilshire Associates$1,2473100%0%0%100%0%0%100%100%Wurts & Associates$1,2002100%0%0%100%0%100%0%100%NEPC$734450%25%25%88%12%100%0%100%Total$599,443*Declined to return questionnaire; assets are as of April 30 and are from the firm's website. Source: Pensions & Investments survey. Related Articles Institutional investors outsource $586 billion in assets Recommended for You 2 fixed-income DC mutual funds stand out Graphic: Battered fixed income set for rebound Target-date fund users have various intentions upon retirement Sponsored Content: The Institutional Investor's Guide to ESG Investing Reader Poll January 25, 2023 How will the DOL’s finalized rules impact ESG investing? SEE MORE POLLS > Sponsored White Papers The Future of Infrastructure: Building a Better Tomorrow Fulcrum Issues: Equity Returns and Inflation — Choose Your Own Adventure What Matters Most in Considering a Private Debt Strategy Why pursue direct lending in the core middle market? Research for Institutional Money Management Are Factors a Thing of the Past? 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