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Chris Wright brings 38 years of expertise bettering monetary safety for Canadian buyers

TORONTO — Russell Investments Canada Restricted (“Russell Investments”) has appointed Chris Wright to function Director, Institutional Gross sales, Canada. Wright is answerable for enterprise improvement throughout the large-and-mid-market surroundings, which incorporates delivering the agency’s funding outsourcing options, implementation providers, personalized portfolio options and strategic recommendation to institutional buyers.

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“Chris brings a stellar observe report of success with a number of the largest and most subtle buyers within the nation to our Canadian institutional enterprise,” mentioned Brad Jung, President, Russell Investments Canada. “We’re thrilled to additional improve our client-focused staff together with his in depth business-building expertise and his deep relationships out there.”

In his earlier roles, Wright constructed relationships with a variety of institutional buyers comparable to non-profit organizations, endowments and foundations, in addition to company, multi-employer and public sector buyers. His expertise additionally dovetails with Russell Investments’ sharp concentrate on offering distinctive consumer service for mid-market and large-market defined-benefit plans, non-profits/endowments, universities, unions and company pensions.

Previous to Russell Investments, Wright had served at abrdn (Customary Life Investments) since 2014, the place he developed relationships with Canadian institutional buyers by way of a options/partnership method. Earlier in his profession, he occupied a number of senior institutional gross sales positions at Constancy Investments Canada and for Aurion Capital Administration. Wright’s profession began in 1985 at UBS Asset Administration Canada, the place he progressed by way of numerous institutional-relationship roles.

“I’m excited to hitch Russell Investments, a pioneer in OCIO and pension consulting, personalized portfolio options, overlay providers, accountable investing and so many different aspects of our business,” Wright mentioned. “Many institutional buyers are more and more going through extra intense stress and calls for, each internally and in immediately’s difficult markets, and I’m thrilled to be a part of the staff that delivers the agency’s institutional options to profit shoppers.”

Russell Investments, which ranks because the world’s third-largest outsourced chief funding officer (OCIO),* collaborates with institutional shoppers in numerous methods to scale back their operational burden to allow them to concentrate on their enterprise. This consists of personalized portfolio options that mix the consumer’s inner assets with the agency’s world capabilities and experience to realize extra portfolio management, restrict prices, cut back danger and improve returns. The agency additionally presents a variety of modern services designed to assist ship desired outcomes.

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Wright, who joined the agency in mid-June, relies in Toronto.

About Russell Investments Canada Restricted

Russell Investments Canada Restricted is an entirely owned subsidiary of Russell Investments Group, Ltd. Established in 1985, Russell Investments Canada Restricted has its head workplace in Toronto.

About Russell Investments

Russell Investments is a number one world funding options agency offering a variety of funding capabilities to institutional buyers, monetary intermediaries, and particular person buyers world wide. Constructing on an 86-year legacy of steady innovation to ship distinctive worth to shoppers, Russell Investments works each day to enhance the monetary safety of its shoppers. The agency has CA$390.2 billion in property beneath administration (as of 03/31/2023) for shoppers in 30 international locations. Headquartered in Seattle, Washington, Russell Investments has places of work in 17 cities world wide, together with London, New York, Sydney, Toronto and Tokyo.

Russell Investments’ possession consists of a majority stake held by funds managed by TA Associates, with a big minority stake held by funds managed by Reverence Capital Companions. Sure of Russell Investments’ staff and Hamilton Lane Advisors, LLC additionally maintain minority, non-controlling, possession stakes.

*OCIO rating: Russell Investments was ranked as a prime world supervisor of institutional outsourced property in CIO Journal’s “Outsourced-Chief Investments Officer (OCIO) Survey,” based mostly on the AUM from its absolutely discretionary shoppers (as of December 31, 2022).

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20230725158474/en/

Contacts

Steve Claiborne, 206-505-1858, [email protected]

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