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什么机构投亚博赞助欧冠资者想到Ocios

A first-ever survey of U.S. institutional asset owners reveals they feel good about their outsourced relationships – but that they will be wanting more out of them

美国机构发现他们与外包首席投资官(OCIO)提供商的关系,这在很大程度上,同时也表达了一种信念,即OCIO行业不能在其桂冠上休息,根据关于该主题的第一次调查资产所有者。总体而言,调查投资者表达的情绪表明,OCIO行业处于拐点,预计将经历持续增长的持续增长与资产所有者的重大审查相结合。该研究由Cerulli Associates,专利高管,投资专业人士和投资委员会和投资委员会及董事会成员进行的研究。

The survey’s findings that 98% of U.S. institutional investors are satisfied with the OCIO model and governance structure provided by OCIOs underpins growth expectations for the OCIO industry. Asset owners say they look to OCIO providers for timelier decision making, deeper manager due diligence, and greater oversight of portfolio risks – and they find it. Cerulli predicts assets under management within the U.S. OCIO industry will grow to nearly $1.7 trillion by 2023 from the current level of $1.1 trillion.

However, asset owners say that they are inclined to use what may be the latter stages of an extended bull market as an opportunity for rigorous review of their OCIO providers – perhaps seizing a window for thorough due diligence before the end of the current cycle. More than half (57%) of organizations say they have initiated or plan to conduct a replacement search or market check of a current OCIO provider, and among organizations that have completed a search, exactly half have replaced their OCIO. Reasons for replacement include a desire for greater flexibility, stronger investment capabilities, better performance, broadened asset class coverage, proactive client service, and better fit with the OCIO.

“ocio兑现投资obj的能力ectives across the full range of asset classes and investment styles is obviously paramount,” says Sarah Melvin, Head of Institutional Client Business, U.S. & Canada, BlackRock. “But the OCIO relationship is about so much more than the ‘I.’ Asset-owners need to find OCIOs with expertise in helping them achieve their specific organizational objectives, and they really value the thought partnership that OCIOs can provide. At the end of the day, the OCIO should feel like an extension of their staff.”

市场经济衰退将测试Ocios

OCIO行业的增长与延长的牛市相结合,但运行的长度让投资者适应下一个市场低迷的谨慎立场。

谨慎是OCIO提供商的双刃剑:CERULLI认为,随着更多机构在回报变得越来越难以产生者的帮助变得更加努力时,市场动荡将燃料持续增长。与此同时,经济衰退还将为提供商带来新的性能挑战。尽管如此,89%的机构认为,他们的OCIO提供商能够在未来3 - 5年内满足其绩效目标和目标。然而,所有机构的11%和16%的裁定福利计划不确定他们的OCIO是否将在同一时间段达到其绩效目标。

“Fears about performance in a down market aren’t unique to OCIO relationships,” says Melvin. “Clients across the board are concerned about meeting their objectives in a more challenging environment. That said, I think some of the key things to look for in an OCIO that can really help its clients in a down market are robust risk management skills and the ability to respond tactically to changing market conditions.”

一个充满挑战的市场可能会使投资委员会成员感到更加渴望从事投资过程,并且Cerulli调查消除了一个常见的误解,即OCIO会阻碍这种订婚。超过一半的机构(56%)说,自建立OCIO关系以来,董事会参与尚未改变,27%表明董事会参与有所改善。

梅尔文说:“调查剥夺了董事会成员较少从事董事会成员的无政府主义。”“报告董事会参与的机构的百分比远高于报告减少的百分比。但最重要的是,与OCIO提供者合作的大多数机构都说,这样做的董事会和委员会更多地关注他们组织的核心的优先事项。“

阅读完整报告。


分析依赖于访谈,公司报告,数据库,期刊和其他被视为可靠的来源的数据。虽然认为是准确的,但不保证此信息,可能是不完整的。

这项研究由Blackrock赞亚博篮球怎么下串助。Blackrock没有隶属于Cerulli Associates或其任何关联公司。

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