Wilshire Associates Names Mark Hansen President of Wilshire Analytics

SANTA MONICA, California, May 23, 2011 -

Wilshire Analytics, a business unit of Wilshire Associates Incorporated
(Wilshire(R)), today announced the appointment of proven investment
management and analytics professional Mark Hansen as president of Wilshire
Analytics, starting June 1. Hansen will oversee a team of more than 100
associates around the globe to provide investment firms worldwide with
multi-asset class solutions for analytics, attribution, risk management,
performance, GIPS(R) reporting, total fund reporting, style and peer universe
comparisons.

Hansen joins Wilshire from Russell Investments, where he spent 14 years.
Most recently, as managing director of Russell's institutional business in
the Americas, Hansen was responsible for Russell's highest revenue business,
serving more than 550 clients, including corporate and public pension funds,
endowments and foundations, and other institutional investors. Hansen also
brings several years of experience leading Russell's Analytics and Indexes,
where he grew the business significantly over a five-year period.

"We are very pleased to welcome Mark Hansen to the Wilshire team," said
Dennis A. Tito, Chief Executive Officer, Wilshire Associates. "We are looking
forward to Mark further strengthening Wilshire's legacy of leadership in the
area of analytics. His broad and deep experience will ensure that Wilshire
continues to deliver innovative investment research and services to the
institutional market."

Hansen held a number of senior positions during his tenure at Russell
Investments, spanning analytics services, indexes, asset management and
investment consulting, as well as two years as CEO of Russell's business in
Japan. He led the Tokyo-based operation to significant growth, doubling
assets and increasing revenue and profits by more than 100 percent in his
two-year tenure.

In addition to his professional accomplishments, Hansen also serves on
World Affairs Council Board of Trustees, and is the Vice-Chairman of
Washington State University's College of Business National Board of Advisors.
"I'm thrilled to be joining Wilshire and look forward to building upon the
solid foundation of Wilshire Analytics to provide best-in-class risk and
finance analytics for the industry," Hansen added.

About Wilshire Associates

Wilshire Associates, a leading global independent investment consulting
and services firm, provides consulting services, analytics solutions and
customized investment products to plan sponsors, investment managers and
financial intermediaries. Its business units include Wilshire Analytics,
Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets.

The firm was founded in 1972, revolutionizing the industry by pioneering
the application of investment analytics and research to investment management
for the institutional marketplace. Wilshire is credited with helping to
develop the field of quantitative investment analysis that uses mathematical
tools to analyze market risks. All other business units evolved from
Wilshire's strong analytics foundation. Wilshire developed the Wilshire 5000
Total Market Index(SM) and became an early innovator in creating the
industry's integrated asset/liability analysis/simulation models as well as
the industry's practical models in risk budgeting through beta and active
risk analysis. Wilshire has grown to a firm of more than 300 employees
serving the investment needs of institutional clients around the world.

Based in Santa Monica, California, Wilshire provides services to clients
in more than 20 countries representing approximately 600 organizations. With
ten offices on four continents, Wilshire Associates and its affiliates are
dedicated to providing clients with the highest quality counsel, products and
services. Wilshire is a registered service mark of Wilshire Associates
Incorporated. Please visit www.wilshire.com/.

    Media Contact:
    Kirsten Neesen, for Wilshire Associates Incorporated
    +1-213-438-8726
    kclausen@golinharris.com

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