Morneau Shepell launches new Asset & Risk Management services for pension plans
TORONTO, May 23, 2012 /CNW/ - Today Morneau Shepell, through a wholly
owned subsidiary, Morneau Shepell Asset & Risk Management Ltd., is
introducing an extension of its suite of Asset & Risk Management
services, with the addition of four new investment funds designed to
achieve targeted investment outcomes for its clients. For pension plan
sponsors, this represents a new approach to investment strategy and
asset allocation.
"Our clients are looking for answers to their pension problems," says
Robert Boston, Partner, Morneau Shepell. "They expect us to provide
them with the best solutions available by achieving targeted outcomes,
as opposed to chasing returns. This is very much a proactive investment
strategy which responds to the evolving needs of our clients."
Boston said the new investment funds will be of interest to pension plan
sponsors who are seeking more sustainable long-term returns, and
reduced risk by aligning investments with liabilities under their
plans.
Four new funds will be offered - three return-focused funds and one
liability-focused fund. Designed to achieve specific objectives, the
outcome-oriented funds are broadly diversified across a range of asset
classes and strategies. They adjust asset allocation according to
changing market conditions and funding circumstances. For pension plan
sponsors, the funds offer:
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More downside protection;
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Improved risk management; and
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A better match of assets and liabilities.
"The traditional investment approach for pension plans has been 60 per
cent stocks and 40 per cent bonds," says Patrick De Roy, partner,
Morneau Shepell, and leader of the risk management practice. "But with
market conditions today, ours is a better approach that has an
outcome-oriented solution focusing on risk management."
For information on Asset & Risk Management go to the new website - http://www.morneaushepell.com/arm
About Morneau Shepell
Morneau Shepell Ltd. is the largest Canadian-based firm offering
consulting and outsourcing services for workforce programs. The company
works with clients to develop innovative solutions that integrate with
their business strategies to achieve results. Through Health and
Benefits Consulting, Pension Consulting, Health Management,
Administrative Solutions, and Shepellâ¢fgi Employee Assistance Programs
(EAPs), Morneau Shepell helps clients reduce costs, increase employee
productivity, and improve their competitive positions by supporting
their employees' financial security, health and well-being.
Established in 1966, Morneau Shepell serves over 8,000 clients, ranging
from small businesses to some of the largest corporations and
associations in North America. With approximately 2,500 employees in
offices across North America, we provide services to organizations
across Canada, in the United States and around the globe.
Morneau Shepell Inc. is a publicly traded company on the Toronto Stock
Exchange (TSX). For more information, visit morneaushepell.com.
For further information: For media inquiries, please contact:
Anita Wright
416.383.6464
awright@morneaushepell.com
Jerry Amernic
416.284.0838
jamernic@morneaushepell.com