ARLINGTON, Va., July 18, 2016 (GLOBE NEWSWIRE) -- Willis Towers Watson (NASDAQ:WLTW), a leading global advisory, broking and solutions company, has appointed Kemp Ross as global head of Delegated Investment Solutions in the company’s Investment business, effective immediately. The new role follows growing demand for the company’s investment outsourcing services, which now has approximately $75 billion in assets under management.

“We’re very pleased that Kemp is taking on the global leadership of our delegated business and joining the Investment global leadership team,” said Chris Ford, global head of Investment at Willis Towers Watson. “He has proven business and leadership experience as well as strong investment acumen, which I’m confident will ensure that our business caters to the increasing demand for these services globally. Pension plans and other institutional investors around the world, of all sizes, continue to believe outsourcing is the best way to achieve their investment objectives in the current environment.”

Kemp joins from Aon Hewitt, where he’s held various roles since 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 and has a B.S. in mathematics from Carnegie Mellon University and an M.S. in applied statistics from North Carolina State University. He will remain based in Chicago and will report to Chris Ford.

“I’m 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,” said Ross. “The trend toward 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 company’s outsourced chief investment officer (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-market 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 $2.3 trillion and around $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 countries. 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. Learn more at willistowerswatson.com.

Media contact

Josh Wozman: +1 703 258 7670
josh.wozman@willistowerswatson.com

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