LONDON, 18 July 2016 – Willis Towers Watson has appointed Kemp Ross as global head of delegated investment solutions in the company’s Investments business, effective immediately. The new role follows accelerating demand for the company’s investment outsourcing services which now has around US$75bn in assets under management.
Chris Ford, Global Head of Investments at Willis Towers Watson, said: “We are very pleased that Kemp is taking on the global leadership of our delegated business, and joining the Investments global leadership team. He has proven business and leadership experience as well as strong investment experience which I am confident will ensure our business can cater for the increasing demand for these services globally. Pension plans and other institutional investors around the world, of all sizes, continue to believe that the best way to achieve their investment objectives in the current environment is to outsource.”
Kemp joins from Aon Hewitt, where he has held various roles since he joined in 2008; most recently he was Senior Partner, Head of Solutions and Operations for Investment. Prior to this, Kemp worked at Mercer for 15 years, most recently as the Chicago Retirement Business Leader. Kemp is an actuary by background, has a BS in Mathematics from Carnegie Mellon University and a MS in Applied Statistics from North Carolina State University. He will remain based in Chicago and will report to Chris Ford.
Kemp Ross, Global Head of Delegated Investment Solutions at Willis Towers Watson, said: “I am delighted to be joining at this time of accelerated growth in the investment outsourcing business, which is in line with a greater appreciation of the value full-time professional portfolio management can offer. The trend towards outsourcing is clear, as investors try to match their investment ambition with the right level and quality of resources.”
Notes to editors
Willis Towers Watson’s Delegated Investment Solutions is the firm’s OCIO service offering and spans the delegation spectrum from full-fund portfolio management appointments to specialist sleeves covering each major traditional and alternative asset class. Its clients typically delegate the portfolio structure, manager selection and implementation responsibilities, allowing them to concentrate on determining and monitoring strategic objectives. The offering includes specialist hedge fund and private markets teams responsible for, among other things, proactively helping clients manage directly invested portfolios. In addition, it includes a flexible and dynamic engagement model with the fund’s investment committee that allows the Investment Committee to retain control of the aspects they wish to and delegate to Willis Towers Watson the areas that require a distinct competitive advantage.
About Willis Towers Watson Investments
Willis Towers Watson’s Investments business is focused on creating financial value for institutional investors through its expertise in risk assessment, strategic asset allocation, fiduciary management and investment manager selection. It has over 900 associates worldwide, assets under advisory of over US$2.3 trillion and around US$75 billion of assets under management.
About Willis Towers Watson
Willis Towers Watson (NASDAQ: WLTW ) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 territories. We design and deliver solutions that manage risk, optimize benefits, cultivate talent and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential.