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source of complementary expertise and advice, as well as investment opportunities." Like much of the nomenclature around the OCIO business, this more customized, bespoke solution does not yet have a widely recognized name. Fiduciary
Research (FRC), an OCIO who oversees about $ 9 billion on behalf of a small list of pension fund clients, calls itself an iCIO for integrated chief investment office.
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client and placed on the new provider. Among OCIOs utilizing this approach, there is a "continuum of outsourcing approaches and providers: manager-of-manager programs; funds-of-funds; former CIOs offering a diversified model portfolio". The common thread amongst these approaches is the use of commingled funds or model portfolios which creates
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A different model is pursued by a small subset of the OCIO universe. The members of this group work alongside the client's staff – not as a replacement to them. According to investment industry newsletter FundFire, "An increasing number of CIOs see outsourcing not as a threat to their job, but as a
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in order to optimize investment performance within the risk appetite as defined by actuarial studies of risk management guidelines. The role of a chief investment officer within a corporate pension organization is similar, although the end-goal for the chief investment officer is often not profit,
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The model by which outsourced CIOs service clients is still evolving in this nascent business. The most common model is to outsource all decision-making including asset allocation, manager selection and monitoring. The OCIO reports back to the client, but the burden is largely lifted from the
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for Hirtle, Callaghan & Co., pioneered the outsourced chief investment officer (OCIO) model, which serves family groups and organizations that do not employ fully staffed investment departments. For his OCIO innovations, Hirtle has been dubbed the
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but matching the organization's pension assets with its pension liabilities. Chief investment officers at endowments and foundations also consider the liabilities of the organization, with an added focus on liquidity and alternative assets.
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Urie, Sandra. "CIO Outsourcing: Questions
Investment Committees Need to Ask" Forbes, June 30, 2010. Viewed June 20, 2013.
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Whenever the role of the chief investment officer is active within an insurance company (either life or non-life) and/or
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within an organization. The CIO's purpose is to understand, manage, and monitor their organization's portfolio of
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Sturock, Tim. "Institutions Split over Hybrid CIO/OCIO Model" FundFire, June 5, 2013.
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160:"Accounting Dictionary: Chief Investment Officer (CIO)"
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227:"What Obama Needs Now: A Chief Investment Officer"
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333:. Hirtle Callaghan & Co. Archived from
860:List of business and finance abbreviations
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48:. "He will provide counsel to Secretary
42:United States Department of the Treasury
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403:"Hirtle Hedge Fund Hurtles to $ 37.8M"
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405:. citybizlist. Archived from
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46:Troubled Asset Relief Program
382:. Pensions & Investments
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359:. Hirtle Callaghan & Co
225:Musher, Rafi (2009-01-27).
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36:Usage in the United States
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140:Chief information officer
331:"Who We Are: Leadership"
18:chief investment officer
783:Representative director
378:Williamson, Christine.
86:chief executive officer
906:Management occupations
855:Executive compensation
773:Non-executive director
50:Henry M. Paulson, Jr.
901:Corporate executives
850:Corporate governance
797:Mid-level executives
758:Development director
607:Information security
896:Finance occupations
401:Rabicoff, Richard.
101:Current OCIO models
845:Board of directors
768:Executive director
108:economies of scale
72:Outsourcing models
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875:Talent management
870:Supervisory board
865:Senior management
753:Creative director
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411:. Retrieved
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357:"Who We Are"
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339:. Retrieved
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315:12 September
313:. Retrieved
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61:pension fund
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748:Chairperson
667:Procurement
602:Information
165:Answers.com
26:investments
890:Categories
819:Supervisor
722:Technology
652:Networking
617:Investment
612:Innovation
577:Experience
537:Compliance
527:Commercial
507:Automation
262:2009-05-13
236:2009-05-13
197:2009-05-13
171:2009-05-13
146:References
77:Background
778:President
727:Visionary
707:Solutions
657:Operating
637:Marketing
622:Knowledge
592:Happiness
582:Financial
572:Executive
567:Diversity
497:Analytics
278:"LDI 2.0"
95:Outsource
712:Strategy
702:Security
677:Research
627:Learning
547:Creative
517:Business
413:15 April
386:15 April
363:15 April
341:15 April
206:cite web
118:See also
829:Foreman
804:Manager
697:Science
687:Revenue
672:Product
662:Privacy
642:Medical
562:Digital
542:Content
522:Channel
303:aiCIO.
276:aiCIO.
587:Gaming
557:Design
231:Forbes
91:Oracle
30:assets
632:Legal
512:Brand
502:Audit
692:Risk
552:Data
415:2014
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212:link
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