Articles and Videos on Investment Outsourcing
Complex investing makes outsourcing top priority for foundations
trueConsultants have long played a role in helping private foundations invest their assets, with 77% of organizations with $500 million or more in assets using them, according to a 2013 Council on Foundations-Commonfund study, the most recent data available.
Commonfund's new CEO lays out her vision
trueCatherine M. Keating, Commonfund's new CEO, said one of the firm's biggest challenges will be navigating the next phase of the market cycle.
Mercer's OCIO business hires CIO for endowments and foundations
trueKenneth Shimberg was named U.S. endowment and foundations chief investment officer for outsourced CIO services at Mercer Investments, spokeswoman Alayna Francis said.
Wurts takes on new name Verus
trueWurts & Associates is changing the name of its business to Verus.
San Francisco City & County commits $50 million to Blackstone fund
trueSan Francisco City & County Employees’ Retirement System committed up to $50 million to Blackstone Capital Partners VII.
Canadian workers' compensation plan looking for consultant to assist in OCIO search
trueWorkplace Health, Safety and Compensation Commission, St. John’s, Newfoundland and Labrador, is searching for an investment consultant to help the C$1 billion ($796 million) workers’ compensation plan choose an outsourced CIO provider.
John Heathcoat pension fund selects Punter Southall for actuarial, investment services
trueJohn Heathcoat Pension Scheme hired Punter Southall to provide actuarial, administration, risk and investment services.
Waltham Contributory Retirement in hunt for manager of managers or OCIO
trueWaltham (Mass.) Contributory Retirement System is seeking proposals from investment managers to provide either manager-of-managers or outsourced CIO services.
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.