Articles and Videos on Investment Outsourcing
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.
PiRho selects pool of fiduciary managers for pension fund clients
truePiRho Investment Consulting chose BlackRock, Legal & General Investment Management and MN to provide fiduciary management services as part of its new offering for small- and medium-sized pension funds, said Des Hogan, investment consultant at PiRho.
San Diego County Employees keeps outsourced CIO by 5-4 vote
trueSan Diego County Employees Retirement Association board voted Thursday 5-4 to keep its contract with its outsourced CIO, Integrity Capital, a subsidiary of Salient Partners.
EFAMA: Investment fund assets rise 5.2% to €25.7 trillion in Q2
trueGlobal investment fund assets rose 5.2% to €25.7 trillion ($35 trillion on June 30) for the second quarter, said the European Fund and Asset Management Association.
San Diego County reconsiders leverage, outsourced CIO
trueThe next time Alice falls through the rabbit hole, she may find herself at a meeting of the San Diego County Employees Retirement Association as trustees struggle to make sense of a new asset allocation that they recently realized could be leveraged more than 200%.
Rockefeller fund uses outsourced CIO to help achieve mission-related investing goals
trueA key part underlying the Rockefeller Brothers Fund’s process to divest its fossil-fuel holdings and shift its investments closer to its philanthropic aims was moving to an outsourced CIO structure.
Blue Hills vocation school issues call for outsourced CIO
trueBlue Hills Regional Vocation School Retirement System is seeking an outsourced CIO for its investment portfolio.
Strategic Investment Group picks new CEO
trueBrian Murdock was named CEO at Strategic Investment Group, said Deborah D. Boedicker, managing director.
Nova Scotia Workers' Compensation looking for outsourced CIO
trueWorkers’ Compensation Board of Nova Scotia, Halifax, is searching for a firm to provide outsourced CIO services for the board, which has C$1.5 billion (US$1.4 billion) in assets.
Lombard Odier picks former BlackRock fiduciary management exec to target U.S. pension plans
trueNancy Everett was hired at Lombard Odier Investment Managers to help build business from U.S. institutional money managers such as pension funds.
Hazleton, Pa., searching for investment manager for 3 pension plans
trueHazleton (Pa.) Firemen's Pension, Police Pension and Non-Uniform Pension Plans are seeking an investment manager
Taking a wide-angle view of the outsourced CIO
trueIt pays to hire an OCIO who understands the priorities and workings of the institution first and only then develops a custom investment strategy to fit.