Outsourced chief investment officer (OCIO) providers are thriving these days — according to 2013 data from Cerulli Associates, consultants expect the OCIO business to account for 18.5% of total assets by 2016. What’s driving plans for companies to consider outsourcing? Call it fiduciary fatigue as plan sponsors grapple with complex markets and accounting rules that put pension deficits squarely onto corporate balance sheets for all shareholders to see. It’s a compelling option for trustees who don’t have the time or expertise to manage a plan in an ever-changing economic and investment environment.
The trouble is that plan sponsors aren’t exactly sure what outsourcing should look like, how it should work or how much it costs. As providers of outsourcing solutions are finding, however, Canadian plan sponsors are more willing than ever to enter into the conversation with providers and explore what outsourcing could mean for them.
In this special educational series, we look at the rise of OCIO solutions and how they’re helping Canadian plan sponsors manage the growing challenges in the DB pension space. From better governance to a new focus on strategy, OCIO solutions are giving trustees in Canada the support they need to properly manage their plans.
Thank you to our sponsors
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