Aon Hewitt Investment Consulting is a global investment consulting firm with capabilities in every area of interest to institutional investors. We provide independent advice, tailored solutions regardless of size or market segment, and a full suite of complementary consulting services.
It would be a mistake to think of the high yield universe as a single market. Many investors recognize that the risk and return characteristics of high yield can vary significantly by credit-quality, maturity, sector, size, and liquidity. However, these are not the only insightful ways to partition the high yield universe.
Endowments, foundations, and other not-for-profit entities (collectively known as “NFPs”) are facing major headwinds. Most NFPs generally desire to exist into perpetuity, to grow their corpus, and to maintain spending levels after inflation. Investors as a whole have reduced their capital markets expectations over the past few years as bond yields have declined and equity valuations have increased, and Aon Hewitt agrees.
In this whitepaper, learn how 403(b) plan sponsors can dramatically reduce participant-borne costs while improving employees’ retirement readiness.