In Pensions & Investments' recent in-depth report on institutional investment consultants, the growth potential in the defined contribution market was highlighted. P&I's data shed some light on which firms are best positioned to take advantage of that growth. The clear leaders are Mercer and Hewitt EnnisKnupp, which both have more than 200 large defined contribution clients, almost all corporate funds. Segal Advisors had the largest number of public- and union-fund defined contribution clients. The firm with the biggest strategic hole is Cambridge Associates, which has roots in and continues to focus on endowments and foundations.
For more information on consultants' DC clients visit the P&I Research Center.