|
Investment
Solutions provides investors with access to what it regards as the best
global investment managers. In selecting these managers, the company
is assisted by Russell Investment Group, State Street Global Advisors, EIM,
Prudential, Orbis and Investment Solutions Fund Managers. Prudential
is used as a global asset-allocation adviser.

Russell
Investment Group is the global leader in multi-manager investing,
managing 20%1 of all global multi-manager assets. It
has over $171 billion in assets under management and guides the
investment of over $2.4 trillion in investors' assets. For almost
35 years, the company has researched investment managers and markets to
build robust multi-manager portfolios that deliver consistent
outperformance. Each fund is managed by a carefully selected team
of leading investment specialists identified by Russell as outstanding
in their particular market.
1. Source: Cerulli Quantitative
Update: Global Multimanager Products 2005

State Street Global Advisors (SSgA)
is an industry leader with $1.5 trillion in assets under management. The
company focuses on delivering investment strategies and integrated solutions
to institutional and private investors worldwide.
The world's largest
institutional investment manager and leader in several other investment
rankings, SSgA has operations in nine investment centres and 28 offices
worldwide.

Founded in 1992,
EIM is a pioneer in delegated investment management. The company
independently identifies, evaluates, selects and allocates capital to
hedge-fund managers through individually tailor-made fund-of-funds
portfolios using its research team, which is one of the largest and most
experienced in the industry. EIM, which has over $8.5 billion in
discretionary mandates, has offices in Nyon (Geneva), Zurich, New York,
London, Paris, Singapore, Monaco and Gibraltar.
|
|

Prudential is one of the
world's largest financial service companies. Founded in 1848 to offer
life assurance, it has developed into an international group meeting the
savings and retirement needs of over 10 million people across Europe,
America, Asia and Africa. Prudential has $4300 billion of investors' funds
under management through its investment teams. A specialist area of the
company's expertise is asset allocation, managed by a dedicated team
(the portfolio management group) within the London office.

Orbis, which provides
investment management services to institutions and individuals, uses its
own research to select equities priced significantly below their
intrinsic value. It believes a focused portfolio of such equities will
deliver superior long-term returns with less risk of loss than the
average equity portfolio. In 1988, Allan Gray and his son William, now
president of the Orbis Group, opened a global investment advisory firm
in London. Bermuda-based Orbis Investment Management Limited was
established in 1989, and the first three Orbis mutual funds launched on
1 January 1990. Orbis has increased the initial assets under management
from $67 million to about $12 billion.

Investment Solutions in the UK offers a wide range of funds that can be
combined to match a client’s risk/return profile. A skilled, experienced
team conducts investment-manager research covering over 150 UK managers,
which are visited regularly to monitor developments, progress, staff
changes etc. Two funds were recently added to the range that targets
significantly higher returns -- the Select UK Equity and Select Global
Equity Funds. These funds give clients the opportunity to target greater
outperformance from their equity assets. In conjunction with its SA
parent, the company has developed leading-edge proprietary systems that
are believed to be far ahead of what many competitors use, enabling
rigorous analysis and examination to be conducted.
|