The outsourced CIO model is growing fast, funds under OCIO structures are tipped to reach almost $8.4 trillion globally by 2030, and Australian advice firms, family offices and foundations are increasingly experimenting with it.
We recently mandated boutique provider arcpoint OCIO to help manage that growing complexity, including greater exposure to private markets, without having to build an entire investment team from scratch.
The bigger question, raised in a UBS report on the model, is whether outsourcing investment management also means outsourcing accountability, with conflicts of interest, opaque fees and standardised solutions flagged as risks. It’s a concern Will Hamilton pushes back on, pointing to our independently chaired Investment Policy Board as evidence that governance still sits close to home.
Read the full article here: Welcome to the era of the outsourced CIO
