University of Victoria (British Columbia) Foundation hired Aon Hewitt as investment consultant, said Andrew Coward, the university's assistant treasurer.
Towers Watson was the C$300 million (US$286 million) foundation's previous consultant, Mr. Coward said. The firm was allowed rebid.
Aon Hewitt will provide quarterly investment performance measurement, investment strategy and asset allocation services for the foundation.
The RFP was issued in July.