A FundFire article reveals that there is an uptick in search activity among institutional investors who already work with an OCIO provider and are thinking about making a switch. Why? SEI's Mike Cagnina explains that investors may not be satisfied with certain services and results that were first promised to them:
"During the initial [search] phase investors would ask 'Should I hire a consultant or an OCIO?' Now people are asking themselves 'Do I have the right OCIO?"
This article discusses:
Three organizations that currently work with an OCIO and what OCIOs they are evaluating to make a change
Reasons organizations are revisiting their current OCIO relationship
But the trend doesn't stop there. Even organizations that haven't worked with an OCIO in the past are searching for OCIO firms, abandoning the traditional consulting model.
Information provided by SEI Investments Management Corporation (SIMC), a registered investment adviser and wholly owned subsidiary of SEI Investments Company.