Articles and Videos on Investment Outsourcing
Mercer extends its delegated investment solutions business to Japan
trueFumihiko Otsuka was named representative director and president of Mercer’s investment solutions business in Japan.
Greensburg Police Pension wants outsourced CIO
trueGreensburg (Pa.) Police Pension Plan is searching for an investment manager to provide outsourced CIO, custodial and administration services for the $18 million defined benefit plan.
Merchant Navy Ratings Pension Fund taps Towers Watson as fiduciary manager
trueMerchant Navy Ratings Pension Fund hired Towers Watson as fiduciary manager.
Perella Weinberg appoints Harvard exec as ESG director for OCIO business
trueJameela Pedicini was named a director at Perella Weinberg Partners’ outsourced CIO business, Agility.
Russell picks head of fiduciary management for the U.K., Ireland
trueSarah Leslie was named head of fiduciary management for the U.K. and Ireland at Russell Investments, said a spokeswoman for the firm.
Nevada System of Higher Education to explore moving to outsourced CIO
trueNevada System of Higher Education might search for a firm to provide outsourced CIO services for its $240 million endowment.
Newfoundland workers' compensation plan scouting for outsourced CIO
trueWorkplace Health, Safety and Compensation Commission, St. John’s, Newfoundland and Labrador, is searching for an outsourced CIO to manage its C$1 billion ($756 million) in assets.
Texas Permanent School Fund revamps private equity relationship with Neuberger
trueTexas State Board of Education approved renewing the contract of Neuberger Berman when it expires in July 2016, but the firm’s private equity assignment will be much different.
Baystate Health hires Summit Strategies as partial discretionary consultant
trueBaystate Health, Springfield, Mass., hired Summit Strategies as investment consultant for the company's $1.7 billion portfolio.
Private foundations report average 6.1% return in 2014 — report
truePrivate foundations returned an average of 6.1%, net of fees, for the year ended Dec. 31, well below the 15.6% average for the same period in 2013, the Council on Foundations and the Commonfund Institute reported Thursday.
Insurers increasingly sending assets outside
trueThe amount of U.S. insurance company assets invested by external money management firms has grown at a steady clip since 2011, as insurers look for managers that can offer specialized investment strategies to boost their returns.
Another way to outsource: Buy a manager
trueThe trend of outsourcing insurance assets has led some insurers to buy money management firms to not only serve their internal investment needs, but also sell outsourced investment services to other insurance companies, said Sunny Patpatia, president and CEO of Patpatia & Associates, Berkeley, ...
First Church of Christ, Scientist hires Covariance as OCIO
trueFirst Church of Christ, Scientist, Boston, hired Covariance Capital Management to provide outsourced CIO services for the organization's $770 million investment portfolio.
Pension Protection Fund seeks ESG data provider
truePension Protection Fund is searching for a provider of environmental, social and governance data to analyze its portfolio.
Northern Trust expands Canadian investment outsourcing unit
trueTrang Lam was named vice president and senior client investment officer for Northern Trust Asset Management’s multimanager investment outsourcing unit in Canada.