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Aon Hewitt Delegated Investment Services Exceed $30 Billion Assets under Management Globally


WEBWIRE

Delegated services provided for over 150 schemes around the world

(NSYE: AON)

LONDON – Aon Hewitt, the human resource solutions business of Aon plc (NSYE: AON), announced today that its global delegated consulting services hold over $30 billion assets under management for clients around the world.

Aon Hewitt now provides delegated investment services for 105 pension scheme sponsors worldwide, representing 151 schemes. In the US, total assets under management exceed $19 billion, while in the UK, Aon Hewitt provides delegated investment consulting services to 48 pension schemes from 32 scheme sponsors, representing over $6 billion (£4.1 billion).

Delegated investment or fiduciary management as it is also known, involves the delegation by pension fund trustees of day-to-day investment decision-making and implementation to a third party, usually their investment consultant or an investment manager. Increasing numbers of trustees are appointing delegated providers because they need full-time, additional investment expertise to meet today’s challenges of investment complexity, market volatility and financial pressures. Trustees set their investment objectives and the parameters within which the provider operates.

Paul Docherty, co-head of Delegated Consulting Services at Aon Hewitt said :
"Reaching this landmark number in assets under management is confirmation that Aon Hewitt’s Delegated Consulting Services are increasingly regarded as the answer to trustees’ needs for swift and informed investment decision-making Our investment experts construct portfolios on behalf of trustees using carefully selected external fund managers, robust risk controls and proven investment processes in order to achieve trustees’ plans.

"This continued success represents the confidence our clients place in us to manage their pension schemes. We are able to leverage Aon Hewitt’s industry leading global research and pension risk management solutions to help sponsors manage the assets and liabilities in their pension schemes more effectively, enabling quicker, more informed investment decisions and better management of risk.”


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About Aon Hewitt
Aon Hewitt is the global leader in human resource solutions. The company partners with organisations to solve their most complex benefits, talent and related financial challenges, and improve business performance. Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, compensation and talent management strategies. With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees. For more information on Aon Hewitt, please visit www.aonhewitt.com.

About Aon
Aon plc (NYSE: AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 61,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon’s global partnership and shirt sponsorship with Manchester United.



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