OCIO – Benefits Canada.com

2024 Consultants Report: Is there an inherent conflict of interest when consulting firms consolidate?

Sadie Janes — Fri, 09 Aug 2024 12:57:10 +0000

The consolidation of firms within the pension and benefits industries could pose a threat because there’s less choice available in terms of service providers, says Susan G. Seller, a pension and benefits lawyer at Bennett Jones LLP. “I think the evolution of the services they offer . . . poses a particular challenge for employers […]

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Top 5 HR, benefits, pension and investment stories of the week

lbailey — Fri, 08 Mar 2024 14:00:52 +0000

An article on Eastman Kodak Co.’s plans to outsource management of its pension assets was the most-read story on BenefitsCanada.com. Here are the top five human resources, benefits, pension and investment stories of the week: 1. Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status 2. OMERS returns 4.6% for 2023, driven by equities, fixed income […]

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World’s 100 largest asset owners’ AUM down 9% in 2022: report

lbailey — Thu, 30 Nov 2023 14:00:54 +0000

The value of the total assets under management for the world’s 100 largest asset owners declined nine per cent to US$23.4 trillion as of Dec. 31, 2022, according to a new report by WTW’s Thinking Ahead Institute. Among these asset owners, pension funds retained 53 per cent of AUM, down from 60 per cent five […]

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A quarter of asset owners planning to increase use of OCIOs by 2025: report

Gideon Scanlon — Thu, 02 Feb 2023 14:00:26 +0000

More than a quarter (26 per cent) of institutional asset owners expect to use an outsourced chief investment officer in an increased capacity during the next two years, according to a new survey by Cerulli Associates. The survey found 14 per cent of respondents said they’re seeking to establish an OCIO relationship over the next two […]

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New ideas, access to top asset managers top reasons institutional investors hire OCIO: survey

Gideon Scanlon — Tue, 04 Oct 2022 16:30:19 +0000

About two-thirds (64 per cent) of global institutional investors say new ideas and access to top asset managers are the key benefits of hiring an outsourced chief investment officer, according to a new survey by London-based CoreData Research. The survey, which polled nearly 300 institutional investors in Asia, Australasia, Europe and North America, also found […]

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Case study: Wawanesa Mutual’s journey with OCIO

mschmit — Fri, 13 Dec 2019 03:55:34 +0000

While an outsourced chief investment officer model may be the right option for a pension plan under particular circumstances, circumstances can change. Wawanesa Mutual Insurance Co. took on an OCIO structure several years ago, but changes within the company made the model less appropriate over time, said Wes Peters, the company’s vice-president of investments, during […]

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Tips for choosing an OCIO provider

mschmit — Fri, 13 Dec 2019 03:34:52 +0000

While it’s easy for a plan sponsor to determine how an equity or fixed income manager is performing, it isn’t as straightforward to assess the performance of an outsourced chief investment officer. “There’s a lot of similarities in OCIO providers out there, but there’s also a lot of differences,” said Eric Menzer, global head of […]

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A Primer on OCIO in the DC world

mschmit — Thu, 21 Nov 2019 02:39:48 +0000

The term outsourced chief investment officer, or OCIO, describes a service offering or model, where an institutional investor delegates certain decision-making responsibilities to a third-party provider. Once the investor makes the original delegation, the OCIO provider makes ongoing decisions related to the investment and administration of the plan, within agreed upon parameters. Initially the OCIO […]

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Mercer Canada appoints new CIO

mschmit — Wed, 25 Sep 2019 06:11:54 +0000

Mercer Canada has appointed Rachel Volynsky as its new chief investment officer. In the new role, Volynsky will be leading Mercer’s outsourced chief investment officer team in Canada. With more than 20 years of capital allocation experience, she has held several senior roles with major investment firms in Canada and the United States, including SEI […]

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How to evaluate a defined benefit OCIO provider

mschmit — Wed, 18 Sep 2019 02:00:21 +0000

Outsourced chief investment officers, or OCIOs, are a service model where a pension plan sponsor or other institutional investor delegates certain decision-making responsibilities to a third party OCIO provider. Once the asset owner makes the original delegation, the OCIO implements, monitors and executes the investment and risk management strategies, within agreed upon parameters. Here are […]

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