Twenty-five organizations — including 11 repeat honorees — have been named to Pensions & Investments' second annual list of the Best Places to Work in Money Management.
Among the highlights of this year's rankings:
- The California State Teachers' Retirement System investment office is the first pension fund to make the grade.
- Categories were rejiggered this year, including adding one for alternatives investment managers because of a marked increase in participation from alts firms.
- Some firms that made the rankings both years changed positions. Most notably, Invesco Ltd. jumped to first from fifth among organizations with 1,000 or more employees.
- In addition to Invesco, P&I's repeat honorees are: Transamerica Retirement Solutions (formerly Diversified); SEI Investments Co.; Principal Financial Group; Hamilton Lane Advisors LLC; AEW Capital Management; ClearBridge Investments LLC; William Blair Investment Management; Baird Asset Management; Dana Investment Advisors Inc.; and Perkins Investment Management LLC.
P&I once again partnered with the San Francisco-based survey group of Buck Consultants to undertake Best Places to Work in Money Management. The process began in early spring. To participate, money managers and organizations with investment and investment-related operations had to register, complete an employer survey and provide employee e-mail addresses for an employee survey.
Buck crunched the resulting data, with employee survey responses accounting for 60% of an organization's score and employer survey responses, 40%.