In a continuing effort to help illuminate the trends in investment outsourcing, Pensions & Investments added three questions to its annual investment outsourcing survey: type of U.S. client; worldwide asset allocation; and chief investment officer.
The universe showed a diverse client base. 51.4% of clients were retirement plans. There were slightly more defined benefit plans than defined contribution plans. Pentegra Investors Inc. accounted for the majority of defined contribution clients.
The new breakout of worldwide asset allocation showed traditional asset classes dominated: 83.3% of the aggregate total was invested in listed equities and fixed income. Real estate, private equity and hedge funds had a combined 10.1% allocation. Cash and other comprised the remainder.
CIO was the last new data point. Further analysis of the data can be found here. All of the data can be found in the P&I Research Center.