Articles and Videos on Investment Outsourcing
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.
Braintree Contributory Retirement on the hunt for first OCIO
trueBraintree (Mass.) Contributory Retirement System is looking for an investment manager to provide outsourced CIO services.
San Mateo County commits $15 million to distressed debt fund
trueSan Mateo County Employees' Retirement Association committed $15 million to Catalyst Fund V.
Investment outsourcing by the numbers
trueSee the 10 largest managers and other statistics at a glance.
P&I investment outsourcing survey adds new data
trueIn a continuing effort to help illuminate the trends in investment outsourcing, Pensions & Investments added three questions to its annual investment outsourcing survey: type of U.S. client; worldwide asset allocation; and chief investment officer.
As demand grows for OCIOs, new challenges also surface
trueThe demand and interest for outsourced CIO services among foundations, endowments and corporate pension plans has increased dramatically each of the past few years. But with big growth comes big challenges.
Outsourcing here to stay but will continue to evolve
trueInvestment outsourcing has continued to evolve over the past five years as more institutional investors adopt the practice, according to sources that Pensions & Investments spoke with.
How needs changed for the Rockefeller Brothers Fund
trueThe $860 million Rockefeller Brothers Fund, New York, has used an outsourced CIO structure since 2007 after determining that running the portfolio internally was no longer a viable solution.
San Diego County pulls plug on OCIO Salient Partners
trueSan Diego County Employees Retirement Association on Thursday terminated its investment advisory service agreement with Salient Partners, effective Aug. 15.
West Warwick Pension Fund hires Clearbrook as OCIO
trueWest Warwick (R.I.) Pension Fund hired Clearbrook Global Advisors as outsourced CIO for the $27 million pension fund.