Form N-1A

Russell Investments Announces Partnership With Venerable to Build New Multi-Manager Variable Annuity Platform

Retrieved on: 
Monday, October 16, 2023
Professional Services, Data Analytics, Insurance, Finance, Asset Management, Fintech, Consulting, Partnership, Investment, Research, Russell Investments, Franklin Templeton Investments, Form N-1A, Risk, Securities and Exchange Commission of Pakistan, VVIT, Form, The Venerable, Financial adviser

Russell Investments is leveraging its multi-manager investment, risk and implementation platform in a new strategic partnership with Venerable Holdings, Inc. (“Venerable”).

Key Points: 
  • Russell Investments is leveraging its multi-manager investment, risk and implementation platform in a new strategic partnership with Venerable Holdings, Inc. (“Venerable”).
  • Venerable today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage Russell Investments to provide sub-advisory and administration services to funds in its newly formed Venerable Variable Insurance Trust (“VVIT”).
  • “We are thrilled to help Venerable deliver innovative investment solutions through its variable annuities platform,” said Russell Investments’ Chairman and CEO Zach Buchwald.
  • The deep investment management expertise of Franklin Templeton combined with the leading investment solutions of Russell Investments will be a tremendous asset to us.

Venerable Announces Partnerships With Russell Investments and Franklin Templeton

Retrieved on: 
Monday, October 16, 2023
Accounting, Professional Services, Insurance, Finance, Russell Investments, Franklin Templeton Investments, Form N-1A, Communication, Prospectus, Securities and Exchange Commission of Pakistan, VVIT, Form, The Venerable, Sale, Financial adviser, Security (finance)

Venerable Holdings, Inc. (“Venerable”) today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage investment advisory subsidiaries of Russell Investments and Franklin Resources, Inc. (“Franklin Templeton”) to provide sub-advisory services with respect to Venerable Variable Insurance Trust (“VVIT”).

Key Points: 
  • Venerable Holdings, Inc. (“Venerable”) today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage investment advisory subsidiaries of Russell Investments and Franklin Resources, Inc. (“Franklin Templeton”) to provide sub-advisory services with respect to Venerable Variable Insurance Trust (“VVIT”).
  • “It was important to select partners with the right capabilities and expertise as we establish Venerable Advisers.
  • The deep investment management expertise of Franklin Templeton combined with the leading investment solutions of Russell Investments will be a tremendous asset to us and our policyholders,” said Tim Brown, President of Venerable Advisers.
  • Jacob Armstrong, Franklin Templeton’s Head of Insurance Strategic Distribution, noted, "With more than 75 years of investment management expertise, Franklin Templeton has a long history of managing insurance assets.