Articles and Videos on Investment Outsourcing
Mercer AUM up 34% in 2014
trueMercer’s global assets under management reached $115.5 billion as of Dec. 31, up 34% from the end of 2013.
San Diego County makes offer to management consultant in move away from OCIO
trueDavid B. Wescoe, president of exchange-traded fund manager Efficient Market Advisors, is being offered the position of contracted organizational management consultant to assist with the hiring of executive positions including chief investment officer at San Diego County Employees Retirement ...
Turnover sours Analytic's Super Bowl prediction
trueIt's two years straight for alpha over value as the New England Patriots won Super Bowl XLIX 28-24 against the Seattle Seahawks. The Seahawks were the value choice of Analytic Investors LLC in its annual NFL Alphas forecast.
Royal Oak Retirement Systems taps SEI as partial outsourced CIO
trueRoyal Oak (Mich.) Retirement System hired SEI Investments as its investment consultant with some discretionary authority.
Outsourced CIO hirings, by year
trueOutsourced CIO hirings, as reported by Pensions & Investments, totaled $77.5 billion over the last five years.
Illinois Municipal adds to AEW, Invesco core real estate funds
trueIllinois Municipal Retirement Fund, Oak Brook, committed an additional $70 million to AEW Core Property Trust (U.S.), managed by AEW Capital Management, and an additional $30 million to Invesco Core Real Estate (USA).
Philips pension fund taps PGGM as administrator
truePhilips Pensioenfonds hired Dutch pension provider PGGM as administrator to the €17.2 billion ($20.3 billion) pension fund.
George Washington University hires OCIO
trueGeorge Washington University hired Strategic Investment Group as its outsourced chief investment officer, effective immediately.
CalSTRS slates $75 million for Littlejohn buyout fund
trueCalifornia State Teachers’ Retirement System committed $75 million to Littlejohn Fund V, a buyout fund run by private equity firm Littlejohn & Co..
Former George Washington University CIO joins American Institutes for Research
trueDon Lindsey was named chief investment officer of the American Institutes for Research.
San Diego County Employees closes door on outsourced CIO
trueSan Diego County Employees Retirement Association board voted 8-1 to search for an internal chief investment officer, effectively terminating its outsourced CIO, Salient Partners.
Texas Teachers' returns flat for quarter; benchmarks topped in all other periods
trueTexas Teacher Retirement System returns were flat in the three months ended Sept. 30, said a performance report by investment consultant Hewitt EnnisKnupp.
Skillman Foundation picks Investure as outsourced CIO
trueThe Skillman Foundation hired Investure as outsourced CIO.
KPMG: U.K. pension funds increasingly moving to fiduciary management
trueThe U.K. fiduciary management market grew 22% to £72 billion ($115.2 billion) of assets in the year ended June 30, with consultants continuing to dominate the marketplace in terms of providers, a KPMG report showed.
DOL looking at conflicts of interest for consultants
trueLabor Department officials are scrutinizing potential conflicts of interest when pension consultants with fiduciary responsibilities also manage a plan’s assets or recommend themselves for that role.