OCIO Growth Assisted by Volatile Times
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| June 29, 2020
The strong growth of OCIO assets in the year ended March 31 likely will accelerate as institutional investors evaluate their funds' performance during the market turmoil in the first quarter and elect to outsource portfolio management, said OCIO managers and industry observers.
Worldwide assets managed with full or partial discretion by outsourced CIOs for institutional investors rose 5.8% to $1.96 trillion in the year ended March 31.
By comparison, worldwide OCIO assets under management with full or partial discretion rose 4.7% in the year ended March 31, 2019, data from Pensions & Investments' annual surveys of OCIO managers showed.