Alternatives Watch (July 6, 2023): Institutional investors are increasingly outsourcing their investment management functions due to the rising complexity of managing those portfolios. Many turn to Outsourced Chief Investment Officers (OCIOs) who serve as investment managers and fiduciaries for institutional investors of various sizes and investment objectives, including endowments, foundations, pension plans and family offices. The OCIO function may take one of several approaches, depending on the OCIO firm’s preferred investment/business model and the needs of its clientele. The three most common are the Single Portfolio, Building Block Portfolio, and Fully Customized Portfolio.
By Drianne Benner, CFA, Appomattox Managing Director – Full article here.