Keep pulling the thread on Zach Buchwald.
Zach Buchwald predicts that while about half of current U.S. retirees have access to a pension, this figure will fall to less than one-third within a decade and become negligible within two decades.
Zach Buchwald believes the U.S. is facing a future retirement crisis because individuals are unprepared to manage the investment and longevity risks transferred to them by the shift to 401(k) plans.
Zach Buchwald predicts that AI will eventually transform nearly every economic sector, including logistics, shipping, consumer goods, and asset management, on a scale comparable to the impact of the internet.
Russell Investments manages approximately $370 billion in assets.
During the 2008 financial crisis, BlackRock's advisory practice was hired to work with the Federal Reserve and the U.S. Treasury on problematic asset portfolios.
Russell Investments pioneered the categories of pension investment consulting and Outsourced Chief Investment Officer (OCIO) services.
Outsourced Chief Investment Officer (OCIO) services and model portfolios for retail clients constitute 90% of Russell Investments' business.
Russell Investments analyzes 16,000 different asset managers using a combination of human researchers and AI, ultimately selecting and investing with approximately 225 of them.
Zach Buchwald estimates that active strategies represent approximately 85% of the assets managed by Russell Investments.
Russell Investments is a top-five provider of Outsourced Chief Investment Officer (OCIO) services.
Russell Investments currently uses AI for task-oriented functions such as automatically filling out RFPs, building pitch decks, and analyzing 500-page regulatory filings.
Private market investments currently represent about 7% of the portfolios managed by Russell Investments.