years building partnerships with US public plans
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years building partnerships with US public plans
US public plan clients
of top 20 US public plans partner with us
USD 43.8 B
US public plan assets entrusted to us
How we work with public plans
We put ourselves in plan sponsors' shoes and conduct timely, relevant asset allocation analysis.
We draw on a wide range of investments, including equity, fixed income, real asset, liquid alternative, private, and opportunistic strategies.
We serve as a fiduciary for strategies in every asset class, including custom solutions to client objectives.
We collaborate with plan sponsors on their goals across their organization.
Meet our Public Plan experts
Adam Berger, CFA
Head of Multi-Asset Strategy
Our public plan research is led by Adam Berger, head of Multi-Asset Strategy. He develops research from an allocator’s perspective, advises clients and prospects on a range of investment policy and governance issues, and serves as the portfolio manager for bespoke multi-manager investment solutions. In this role, he meets regularly with plans sponsors and shares his latest thinking in his quarterly Top of Mind webcast, as well as a wide range of articles and white papers. Click here to learn more about his research.
Amy Morse, CFA
Director of Pension Strategies and Relationship Manager
As director of Pension Strategies, Amy is responsible for identifying, sharing, and acting on major trends in the pension marketplace. She works closely with various groups across Wellington to ensure that the firm is positioned to be a go-to resource and provide solutions to public DB plans. Amy also serves as a relationship manager for our public DB plan clients, helping to bring to bear our full range of resources and services on their behalf. These services include assisting with long-term investment strategy and policy issues, evaluating portfolio risks and performance, and ensuring compliance with policy guidelines and applicable regulations.
Research spotlight: Stepping stone ideas
Our public plan research agenda includes ideas aimed at helping plans close the gap between high return targets and low expected market returns. This includes “stepping stones” — incremental changes that can potentially improve returns without significantly increasing risk, such as:
To learn more about the latest set of "stepping stone" ideas, read the white paper or watch the video.
Check out ADAM'S latest Insights
Time for a new playbook on bonds
Is it time to add to fixed income allocations? Multi-Asset Strategist Adam Berger and Fixed Income Strategist Amar Reganti offer their views, as well as thoughts on specific areas of opportunity.
EM equities: Can they prove the doubters wrong?
Multi-Asset Strategist Adam Berger offers six reasons that EM equity performance could be much more compelling in the decade ahead, from attractive valuations to economic tailwinds to mean reversion in the US dollar.
Focus on what you can control: Five alternative investment ideas for an uncertain world
Multi-Asset Strategists Nick Samouilhan and Adam Berger explain how a variety of alternative investments, including select hedge funds and private credit, could help allocators reduce the importance of the economic cycle to their portfolio results.
The churning tides of portfolio liquidity: How to avoid being left high and dry
Markets have sent asset owners some strong reminders of the need to think about liquidity risk across a portfolio and to plan for uncertainty. To help, Multi-Asset Strategist Adam Berger proposes a framework based on the intended uses and sources of liquidity.
EM evolution: New paths in equity portfolio construction
Multi-Asset Strategist Adam Berger offers a framework for structuring EM equity portfolios, with a focus on "EM 3.0" — differentiated active strategies that have less reference to cap-weighted benchmarks and may be more diversifying in a portfolio.
The denominator effect: Thoughts on the rise in private equity allocations
The sharp drop in public markets has left many asset owners with above-target exposure to private assets, raising a number of governance questions. Multi-Asset Strategist Adam Berger considers the likely responses and their potential pros and cons.
Pivot points: Five portfolio positioning ideas for the new market regime
Multi-Asset Strategist Adam Berger looks at five ways in which the world may be very different in the coming decade and how they could influence the next wave of investment winners.
Opportunity in disguise: Why bad news may be good for alternatives in 2023
Multi-Asset Strategists Nick Samouilhan and Adam Berger explain how alternative investments may help allocators make tailwinds out of macro and market headwinds in the year ahead.
Adding thematic equity investments to a multi-asset portfolio: An allocator’s handbook
Thematic investing may add a powerful return engine to portfolios, but allocators sometimes struggle with implementation decisions. Members of our Investment Strategy Team offer a framework for thinking about allocation size, strategy selection, and performance evaluation.