Report

North American Institutional Markets 2022

Shifting Allocations Amid Market Uncertainty

Track Product- and Service-Level Demands

  • Examine the needs of institutional asset owners across client segments, and how asset managers can collaborate with asset owners to offer investment solutions that fit their needs
  • Explore the shift toward private investments in an inflationary environment
  • Assess liability-driven investors’ approach to potential rising-rate environment

$20,000

Discounts available for bulk purchase

REPORT3

Buy Now

Mason Gillespie

Mason Gillespie

Senior Account Manager

Summary

This report focuses on trends in U.S. institutional markets and includes an analysis of the Canadian defined benefit marketplace. It covers how managers are serving the evolving needs of each institutional client segment (defined benefit, endowments and foundations, health and hospital systems, and insurance general accounts). It also examines how asset managers organize their distribution and marketing teams to market products and solutions to institutional clients. Areas of focus include trends in investment vehicle use (particularly collective investment trusts), asset allocation trends, and uptake of active versus passive strategies.

Included with Purchase

Methodology

Methodology

Each report is lead authored by a senior Cerulli analyst with significant industry experience. The report incorporates qualitative and quantitative inputs, based on Cerulli’s proprietary research process. For more on our research process, click here.

Executive summary

Executive Summary

Get the most important report findings distilled in an easy-to-understand and highly visual format before you begin your journey through the report or use it as a tool for senior leadership.

Interactive report dashboard

Interactive Report Dashboard

Access consolidated data from multiple report exhibits in a single comparative view. Flexibly build your view of data with customizable filters and share the results in a format that meets your requirements.

Analyst support

Analyst Support

Got a question? Our analysts are available to help you interpret and analyze key findings as well as provide their perspective on industry trends.

Data

Data Behind the Report

Data is the foundation of our reports. Each study contains nearly 100 exhibits, available to buyers in Excel format. Extract and explore Cerulli’s data and analysis your way.

Digital

Digital Access

Access your reports digitally anytime, anywhere, on any device through our client portal.

A Note from the Author

U.S. Institutional Asset Owners Turn to Alternatives Combat Inflation and Rising Rates

Christopher Swansey

Christopher Swansey

Senior Analyst

Bio →

Christopher Swansey

Christopher Swansey

Senior Analyst

Christopher is a senior analyst on the Institutional team where he supports multiple reports annually, including the annual outsourced chief investment officer (OCIO) report, and various strategic consulting projects throughout the year. He also regularly contributes to The Cerulli Edge—Institutional Edition, The Cerulli Edge—U.S. Edition, and The Cerulli Edge—U.S. Monthly Product Trends.

Christopher was a Senior Analyst at Mercer working within their executive compensation practice before joining Cerulli in 2018.

Full biography here.

There is an abundance of opportunities for alternative investment managers among institutional channels. As high inflation (89%) and lower expected investment returns (86%) continue to challenge institutional asset owners, many (44%) indicate a desire to increase their allocations to alternative investments. Among alternative investment allocations, asset owners plan to allocate to:

  • Infrastructure (28%)
  • Real estate investments (26%)
  • Private equity (20%)
  • Hedge funds (18%)

Infrastructure, given its ability to hedge against inflation, will outpace other alternatives in the next 24 months, in terms of net flows, according to our projections.

For alternative managers seeking to expand into the institutional channel, our research finds that asset owners seek providers that can offer specialization in a specific asset class (96%), robust performance (94%), and competitive fees (92%). We believe that providers that maintain these offerings will be well poised to attract institutional flows.

For more on this as well as a comprehensive overview into institutional markets including client segments—insurance general accounts, public defined benefit (DB) plans, single- and multiemployer corporate DB plans, foundations, endowments, and health and hospital systems—evaluate our latest report, North American Institutional Markets 2022: Shifting Allocations Amid Market Uncertainty.

Contact us

Want more information?

Learn more about this report and related Cerulli research.

Contact Us

You May Also be Interested in:

  • Annual report
  • The Cerulli Edge
  • Cerulli Lodestar
Consulting Page module Rocket 120820

CUSTOM RESEARCH & STRATEGIC CONSULTING

Cerulli for Consulting

Understand where to allocate resources to achieve your objectives. We can help you determine which initiatives are likely to be successful and those that may not achieve the desired effect. In an increasingly competitive market, our objectivity and experience can help you to advance your firm’s unique strengths.

Learn More

We use cookies to improve your site experience, distinguish you from other users and support the marketing of our services. These cookies may store your personal information. By continuing to use our website, you agree to the storing of cookies on your device. For more information, please visit our Privacy Notice.