Towers Watson Reports Accelerated Growth in OCIO Business

In the past six months, global professional services company Towers Watson (NYSE, NASDAQ: TW) has seen a significant increase in North American qualified plans that have outsourced all or part of their investment portfolio management to Towers Watson. The majority of the mandates are full-fund outsourcing assignments, but two are specialist investment sleeves of larger portfolios. “Many defined benefit and defined contribution plans, and other institutional investors of all sizes, continue to believe that the best way to achieve their investment objectives in the current environment is to outsource,” said Debra Woida, head of North American Delegated Investment Services at Towers Watson. “The reasons are often governance-related, as investors try to match their investment ambition See full press release