Articles and Videos on Investment Outsourcing
Firms differ on value of performance reporting
trueUnlike most other segments of the money management industry, investment outsourcing lacks standardized investment performance reporting.
Outsourced assets top $1.2 trillion after a 26% increase in a year
trueInvestment outsourcing gained steam as assets managed worldwide for institutional investors rose 26% in the year ended March 31.
U.K. pension funds moving to fiduciary management — survey
trueMore than two-thirds of U.K. corporate and public pension funds and their consultants surveyed on fiduciary management have implemented a partial or full fiduciary management arrangement, or are considering moving to the model.
Census Bureau: 100 largest public pension fund assets up 9.4% for year
trueThe 100 largest U.S. public pension funds had a combined $3.218 trillion in cash and securities as of March 31, up 0.5% from three months earlier and 9.4% higher than a year earlier, the U.S. Census Bureau's Quarterly Survey of Public Pensions showed.
Towers Watson promotes 2 to global CIO positions
trueCraig Baker and Chris Mansi were appointed global chief investment officer and global delegated chief investment officer, respectively, at Towers Watson.
Stamford Policemen's Pension Fund chooses Clearbrook as outsourced CIO
trueStamford (Conn.) Policemen's Pension Fund hired Clearbrook Global Advisors as the pension fund's first outsourced CIO.
Oklahoma Firefighters bumps up U.S. equity target allocation
trueOklahoma Firefighters Pension & Retirement System, Oklahoma City, made several changes to its target asset allocations.
Massachusetts Water Resource Authority seeks direct lending, venture capital managers
trueassachusetts Water Resource Authority Employees' Retirement System is searching for a senior private direct lending manager to run up to $5 million and a venture capital manager to run up to $3 million for the $420 million defined benefit pension fund.
Verizon executive named Hirtle Callaghan's director of strategy
trueNicholas G. Botticelli was named director of strategy and head of pension portfolio management at Hirtle Callaghan.
Feeding America outsources investment management to Northern Trust
trueFeeding America, Chicago, hired Northern Trust Asset Management as outsourced CIO to manage $19.3 million in assets.
Clearbrook hires managing director
trueThomas E. Deegan was named managing director at Clearbrook Global Advisors.
Pirelli taps Buck unit to monitor fiduciary manager
truePirelli Common Investment Fund, Burton-on-Trent, England, hired Buck Global Investment Advisors to monitor and evaluate fiduciary manager services provided by Cardano.
Investment outsourcing firm Nu Paradigm opens its doors
trueNu Paradigm Investment Partners opened for business Wednesday, offering customized investment outsourcing and strategic consulting services to institutional investors, family offices and registered investment advisers.
San Jose Federated issues RFP for discretionary manager to run at least 5% of assets; hires new CIO
trueSan Jose (Calif.) Federated City Employees Retirement System has reissued an RFP for a manager to provide an “outsourced investment function.”
Pembroke Pines Fire & Police hires real estate, timber managers
truePembroke Pines (Fla.) Fire & Police Pension Fund hired Intercontinental Real Estate and Molpus Woodlands Group to manage $9 million each in core-plus real estate and timber, respectively.