Proprietary Research Reports
News - Past 5 Years
2022
"Endowments and Foundations See Losses in Early 2022 Numbers," FundFire, by Justin Mitchell, Aug. 11, 2022
"OCIOs Bet on ESG Know-How to Win Over Nonprofits," FundFire, by Justin Mitchell, Aug. 10, 2022
"CFA Rounds Up Working Group to Help Develop GIPS Standards for OCIOs," FundFire, by Justin Mitchell, July 22, 2022
"Messy Fee Data Complicates OCIO Searches," FundFire, by Justin Mitchell, June 17, 2022
"Is there any OCIO Model that is Conflict Free," Institutional Investor," Institutional Investor, Alicia McElhaney, Apr. 14, 2022
"Endowments Hike Long-Term Return Targets Volatile Outlook," FundFire, by Justin Mitchell, Feb. 24, 2022
"Rise of OCIO Search Consultants Exerts Downward Pressure on Fees," FundFire, by Justin Mitchell, Jan. 27, 2022
2021
"OCIO Data to Power Peer Universe Tool for eVestment, Solovis Platforms," FundFire, by Justin Mitchell, Dec. 7, 2021
"OCIO Assets on Pace to Exceed $4T by 2026," FundFire, by Justin Mitchell, Nov. 23, 2021
"OCIO Market Booms as Investments Get More Complex," Institutional Investor, by Jessica Hamlin, Nov. 18, 2021
"OCIOs Unpack Blockbuster Year for Equities," FundFire, by Justin Mitchell, Oct. 7, 2021
"Consultants Pledge to Start Reporting Internal Diversity Data," FundFire, by Justin Mitchell, Oct. 4, 2021
"Top Endowment & Foundation Returns Tower Over FY'21 Laggards," FundFire, by Justin Mitchell, Sep. 15, 2021
"Ray Dalio's Hedge Fund Risks Being Dumped by Pension on Weak Returns," Bloomberg, by Katherine Burton, Sep. 2, 2021
"Yale Chooses 36-Year-Old Endowment Insider for Next CIO," FundFire, by Justin Mitchell, Aug. 25, 2021
"Endowments and Foundations Look Set for 'Crazy' Returns Bonanza," FundFire, by Justin Mitchell, Aug. 16, 2021
"US Bank To Buy OCIO, Consultant PFM Asset Management," FundFire, by Kathleen Laverty, Jul. 9, 2021
"OCIO Rides Market Rebound to Big Growth," Pensions & Investments, by Christine Williamson, Jun. 28, 2021
"OCIO Searches Spike, Driven by Performance Dissatisfaction," FundFire, by Lisa Fu, May 10, 2021
"New OCIO Launches, Targeting Clients in Smaller End of E&F Market," FundFire, by Aziza Kasumov, Jan. 15, 2021
2020
"OCIOs Are Hungry for Nonprofit Business As Their Pension Client Base Matures," FundFire, by Aziza Kasumov, Dec. 11, 2020
"For OCIO Providers, The Fee Pressure Is On," FundFire, by Aziza Kasumov, Dec. 10, 2020
"Evestment to Offer Alpha Nasdaq OCIO Performance Data Through Platform," FundFire, by Aziza Kasumov, Nov. 19, 2020
"Manager Diversity Is Increasingly Important for University Endowments," Institutional Investor, by Alicia McElhaney, Oct. 9, 2020
"OCIOs Aimed to Add Value as Markets Recovered. Did They Succeed?," FundFire, by Aziza Kasumov, Sep. 10, 2020
"'Clients Are Kind of Cringing': Why Insiders Say OCIO Marketing Needs to Change," Institutional Investor, by Alicia McElhaney, Jul. 31, 2020
"Consultant Heavyweights Took Millions in PPP Loans," FundFire, by Aziza Kasumov, Jul. 28, 2020
"Is Wall Street's Youngest Talent Doomed?" Institutional Investor, by Alicia McElhaney, Jul. 8, 2020
"OCIO Growth Assisted by Volatile Times," Pensions & Investments, by Christine Williamson, Jun. 29, 2020
"OCIOs Expect Pandemic-Fueled Client Boost, See First Spike in Activity," FundFire, by Aziza Kasumov, Jun. 30, 2020
"Q1 Was OCIOs' First Real Stress Test. Did They Pass?" FundFire, by Aziza Kasumov, Jun. 17, 2020
"OCIO Firms Faltered During the First Quarter. But Institutions Still Want to Outsource," Institutional Investor, by Alicia McElhaney, Jun. 16, 2020
"Mercy Health Charity Hands $2B to a Donor's Secretive Family Office, Stunning Experts," Institutional Investor, by Leanna Orr, Jun. 5, 2020
"BNY Mellon Merges Two OCIO Units into New Division," FundFire, by Mariana Lemann, May 22, 2020
"Alpha Capital Management Launches OCIO Indexes with Nasdaq," Pensions & Investments, by Christine Williamson, May 5, 2020
"An OCIO Performance Index Exists for the First Time. Here's How They Did," Institutional Investor, by Alicia McElhaney, Apr. 30, 2020
"Private Equity Investments Are Going to Lose Value. How Much Is Anyone's Guess," Institutional Investor, by Alicia McElhaney, Apr. 3, 2020
"Aon and WTW's Mega-Merger Could Create 'Winners and Losers,'" FundFire, by Aziza Kasumov, Mar. 10, 2020
"Invesco is Shopping Around for an OCIO Business," Institutional Investor, by Alicia McElhaney, Feb. 20, 2020
"How Search Consultants Weigh Potential Conflicts in the OCIO World," FundFire, by Lisa Fu, Feb. 18, 2020
"Consultants Tout Diversity Work, but Workforces Remain White," FundFire, by Aziza Kasumov, Feb. 13, 2020
"What Makes a Successful OCIO Pitch? A Growing List of Extra Services," FundFire, by Aziza Kasumov, Feb. 12, 2020
2019
"As Search Firms Gain Momentum, OCIO Providers Need to Catch Up," FundFire, by Aziza Kasumov, Dec. 19, 2019
"Ready or Not: the OCIO Benchmark is Coming," FundFire, by Aziza Kasumov, Nov. 22, 2019
"Alpha Capital Joins with Nasdaq to Create OCIO Tools to Increase Transparency," Press Release, Nov. 21, 2019
"Amid Flood of RFPs, Details Can Make or Break a Deal," FundFire, by Aziza Kasumov, Nov. 7, 2019
"TIAA Gives Up on OCIO Business in Surprise Move," FundFire, by Aziza Kasumov, Nov. 6, 2019
"BlackRock Grows OCIO AUM More than 50% as Small Providers Lag," FundFire, by Alana Pipe, Nov. 5, 2019
"The Advantages and Disadvantages of Hiring a 3(21) 401(k) Retirement Plan Advisor," Forbes, by Chris Carosa, Sep. 11, 2019
"David Swensen is Great for Yale. Is He Horrible for Investing?" Institutional Investor, by Leanna Orr, Jul. 31, 2019
"Getting Married and Talking Divorce: Investors Prioritize OCIO Exit Strategies," FundFire, by Aziza Kasumov, Jun. 17, 2019
"Regions Bank to Acquire $26B Institutional Consultant," FundFire, by Aziza Kasumov, Jun. 10, 2019
"Early Converts Rethink OCIO Model," FundFire, by Aziza Kasumov, May 16, 2019
"RVK, Angeles Earn Top Consultant Rankings in Poll of Asset Owners," FundFire, by Aziza Kasumov, Apr. 30, 2019
"OCIO Clients Warm to Performance Fees as Aon Jumps on Board," FundFire, by Aziza Kasumov, Apr. 10, 2019
"He Was Once a Macro God. Now Alan Howard Wants to Be More...," Institutional Investor, by Richard Teitelbaum, Mar. 27, 2019
"Replacement Searches Surge as Inst'l investors Expect More from OCIOs," FundFire, by Aziza Kasumov, Mar. 19, 2019
"How a Decade of Consolidation has Changed the Consultant Industry," FundFire, by Alana Pipe, Feb. 11, 2019
"Dalio Fund Dumped by Tiny County Fed Up With Fees Eroding Return," Bloomberg, by Katherine Burton, Jan. 24, 2019
2018
"$28B OCIO Cuts Ties with PE, Gets New Owner," FundFire, by Mariana Lemann, Dec. 21, 2018
"This Money Manager is Passing on Tech's Nouveau Riche," Bloomberg, by Michael McDonald, Dec. 11, 2018
"GSAM to Expand OCIO, Advisory Biz with Rocaton Acquisition," FundFire, by Danielle Verbrigghe, Nov. 9, 2018
"BlackRock Boosts Features Beyond Investments to Win OCIO Clients," FundFire, by Mariana Lemann, Sep. 21, 2018
"Consultant OCIO Offerings Bring Conflict Concerns to Forefront," FundFire, by Fola Akinnibi, Sep. 12, 2018
"CalSTRS Seeks Pool of Investment Consultants for Specialty Projects," FundFire, by Alyson Velati, Sep. 7, 2018
"$448B Consultant Hires New PM to Oversee Growing OCIO Biz," FundFire, by Alyson Velati, Jul. 31, 2018
"Cambridge Grows OCIO Assets 50% in Year Since Pivot from Consulting," FundFire, by Alyson Velati, May 17, 2018
"University of Tennessee Issues Investment Consulting RFQ," MandateWire, by Jack Houghteling, Apr. 10, 2018
"Will Investing in 'Do Good' Companies Make You Rich?" The Street, by Brian O'Connell, Jan. 26, 2018
"Five Lifestyle Changes That Will Save You Money -- And Make You Healthier," Discover Bank: Modern Money, Jan. 2018
2017
"Looking For a New Consultant? Here's What to Ask on the RFP," FundFire, by Alyson Velati, Dec. 15, 2017
"What Hedge Funds Will Do After the Hedge Fund Model Dies," Bloomberg, by Katherine Burton, Dec. 12, 2017
"Consultant Poised to Enter OCIO Biz with $8B Foundation Client," FundFire, by Alyson Velati, Dec. 8, 2017
"New State Law Takes Aim at Consultant Conflicts, Diversity," FundFire, by Alyson Velati, Nov. 22, 2017
"OCIO Shop's Endowment Clients Split on Commingled Structure," FundFire, by Alyson Velati, Oct. 30, 2017
"Track Records Optional: Cambridge Searches for Untested Talent," FundFire, by Alyson Velati, Oct. 25, 3017
"Is Your Retirement Nest Egg Safe If There's Another Black Monday?" The Street, by Brian O'Connell, Oct. 15, 2017
"Wall Street Regulator Is Also An Investor - With Meager Returns," Wall Street Journal, by Dave Michaels, Oct. 5, 2017
"Towers Hit with Trade Secret Lawsuit After Rival-Linked CFO Hire," FundFire, by Alyson Velati, Oct. 2, 2017
"Regulators Put Consultant Conflicts in Crosshairs," FundFire, by Alyson Velati, Sep. 21, 2017
"Steve Cohen's Comeback Begins," Bloomberg, by Simone Foxman and Katherine Burton, Sep. 5, 2017
"Dalio's Quest to Outlive Himself," Bloomberg, by Katherine Burton and Saijel Kishan, Aug. 10, 2017
"Conflicts Put OCIOs in Investor Crosshairs," FundFire, by Alyson Velati, Jul. 27, 2017
"Want More Millennial and Female Clients? Tout ESG Funds," Advisor News, by Brian O'Connell, Jul. 20, 2017
"ESG Concerns Dog Commingled OCIO Model," FundFire, by Alyson Velati, Jul. 13, 2017
"Consultants Hunt for Off-the-Grid Managers," FundFire, by Alyson Velati, Jun. 30, 2017
"Alford Consulting LPs on Consultants," Hedge Fund Alert, May 17, 2017
"Higher Rates Trigger Consumer Bank Exodus" The Street, by Brian O'Connell, Mar. 21, 2017
"How Does Your Fund Value Illiquid Assets?" U.S. News & World Report, by Jeff Brown, Jan. 18, 2017
"Mortgage Rates Dipped at Year End, but Buyers Shouldn't Get Too Excited," The Street, by Brian O'Connell, Jan. 6, 2017
Podcast
"The Widespread Impact of OCIO Growth," Pensions & Investments, Dec. 2, 2021
"How to Hire a Good Investment Consultant," Nonprofit Stewards Podcast, Bob DiMeo & Devon Francis, Feb 10, 2021
2022
"Endowments and Foundations See Losses in Early 2022 Numbers," FundFire, by Justin Mitchell, Aug. 11, 2022
"OCIOs Bet on ESG Know-How to Win Over Nonprofits," FundFire, by Justin Mitchell, Aug. 10, 2022
"CFA Rounds Up Working Group to Help Develop GIPS Standards for OCIOs," FundFire, by Justin Mitchell, July 22, 2022
"Messy Fee Data Complicates OCIO Searches," FundFire, by Justin Mitchell, June 17, 2022
"Is there any OCIO Model that is Conflict Free," Institutional Investor," Institutional Investor, Alicia McElhaney, Apr. 14, 2022
"Endowments Hike Long-Term Return Targets Volatile Outlook," FundFire, by Justin Mitchell, Feb. 24, 2022
"Rise of OCIO Search Consultants Exerts Downward Pressure on Fees," FundFire, by Justin Mitchell, Jan. 27, 2022
2021
"OCIO Data to Power Peer Universe Tool for eVestment, Solovis Platforms," FundFire, by Justin Mitchell, Dec. 7, 2021
"OCIO Assets on Pace to Exceed $4T by 2026," FundFire, by Justin Mitchell, Nov. 23, 2021
"OCIO Market Booms as Investments Get More Complex," Institutional Investor, by Jessica Hamlin, Nov. 18, 2021
"OCIOs Unpack Blockbuster Year for Equities," FundFire, by Justin Mitchell, Oct. 7, 2021
"Consultants Pledge to Start Reporting Internal Diversity Data," FundFire, by Justin Mitchell, Oct. 4, 2021
"Top Endowment & Foundation Returns Tower Over FY'21 Laggards," FundFire, by Justin Mitchell, Sep. 15, 2021
"Ray Dalio's Hedge Fund Risks Being Dumped by Pension on Weak Returns," Bloomberg, by Katherine Burton, Sep. 2, 2021
"Yale Chooses 36-Year-Old Endowment Insider for Next CIO," FundFire, by Justin Mitchell, Aug. 25, 2021
"Endowments and Foundations Look Set for 'Crazy' Returns Bonanza," FundFire, by Justin Mitchell, Aug. 16, 2021
"US Bank To Buy OCIO, Consultant PFM Asset Management," FundFire, by Kathleen Laverty, Jul. 9, 2021
"OCIO Rides Market Rebound to Big Growth," Pensions & Investments, by Christine Williamson, Jun. 28, 2021
"OCIO Searches Spike, Driven by Performance Dissatisfaction," FundFire, by Lisa Fu, May 10, 2021
"New OCIO Launches, Targeting Clients in Smaller End of E&F Market," FundFire, by Aziza Kasumov, Jan. 15, 2021
2020
"OCIOs Are Hungry for Nonprofit Business As Their Pension Client Base Matures," FundFire, by Aziza Kasumov, Dec. 11, 2020
"For OCIO Providers, The Fee Pressure Is On," FundFire, by Aziza Kasumov, Dec. 10, 2020
"Evestment to Offer Alpha Nasdaq OCIO Performance Data Through Platform," FundFire, by Aziza Kasumov, Nov. 19, 2020
"Manager Diversity Is Increasingly Important for University Endowments," Institutional Investor, by Alicia McElhaney, Oct. 9, 2020
"OCIOs Aimed to Add Value as Markets Recovered. Did They Succeed?," FundFire, by Aziza Kasumov, Sep. 10, 2020
"'Clients Are Kind of Cringing': Why Insiders Say OCIO Marketing Needs to Change," Institutional Investor, by Alicia McElhaney, Jul. 31, 2020
"Consultant Heavyweights Took Millions in PPP Loans," FundFire, by Aziza Kasumov, Jul. 28, 2020
"Is Wall Street's Youngest Talent Doomed?" Institutional Investor, by Alicia McElhaney, Jul. 8, 2020
"OCIO Growth Assisted by Volatile Times," Pensions & Investments, by Christine Williamson, Jun. 29, 2020
"OCIOs Expect Pandemic-Fueled Client Boost, See First Spike in Activity," FundFire, by Aziza Kasumov, Jun. 30, 2020
"Q1 Was OCIOs' First Real Stress Test. Did They Pass?" FundFire, by Aziza Kasumov, Jun. 17, 2020
"OCIO Firms Faltered During the First Quarter. But Institutions Still Want to Outsource," Institutional Investor, by Alicia McElhaney, Jun. 16, 2020
"Mercy Health Charity Hands $2B to a Donor's Secretive Family Office, Stunning Experts," Institutional Investor, by Leanna Orr, Jun. 5, 2020
"BNY Mellon Merges Two OCIO Units into New Division," FundFire, by Mariana Lemann, May 22, 2020
"Alpha Capital Management Launches OCIO Indexes with Nasdaq," Pensions & Investments, by Christine Williamson, May 5, 2020
"An OCIO Performance Index Exists for the First Time. Here's How They Did," Institutional Investor, by Alicia McElhaney, Apr. 30, 2020
"Private Equity Investments Are Going to Lose Value. How Much Is Anyone's Guess," Institutional Investor, by Alicia McElhaney, Apr. 3, 2020
"Aon and WTW's Mega-Merger Could Create 'Winners and Losers,'" FundFire, by Aziza Kasumov, Mar. 10, 2020
"Invesco is Shopping Around for an OCIO Business," Institutional Investor, by Alicia McElhaney, Feb. 20, 2020
"How Search Consultants Weigh Potential Conflicts in the OCIO World," FundFire, by Lisa Fu, Feb. 18, 2020
"Consultants Tout Diversity Work, but Workforces Remain White," FundFire, by Aziza Kasumov, Feb. 13, 2020
"What Makes a Successful OCIO Pitch? A Growing List of Extra Services," FundFire, by Aziza Kasumov, Feb. 12, 2020
2019
"As Search Firms Gain Momentum, OCIO Providers Need to Catch Up," FundFire, by Aziza Kasumov, Dec. 19, 2019
"Ready or Not: the OCIO Benchmark is Coming," FundFire, by Aziza Kasumov, Nov. 22, 2019
"Alpha Capital Joins with Nasdaq to Create OCIO Tools to Increase Transparency," Press Release, Nov. 21, 2019
"Amid Flood of RFPs, Details Can Make or Break a Deal," FundFire, by Aziza Kasumov, Nov. 7, 2019
"TIAA Gives Up on OCIO Business in Surprise Move," FundFire, by Aziza Kasumov, Nov. 6, 2019
"BlackRock Grows OCIO AUM More than 50% as Small Providers Lag," FundFire, by Alana Pipe, Nov. 5, 2019
"The Advantages and Disadvantages of Hiring a 3(21) 401(k) Retirement Plan Advisor," Forbes, by Chris Carosa, Sep. 11, 2019
"David Swensen is Great for Yale. Is He Horrible for Investing?" Institutional Investor, by Leanna Orr, Jul. 31, 2019
"Getting Married and Talking Divorce: Investors Prioritize OCIO Exit Strategies," FundFire, by Aziza Kasumov, Jun. 17, 2019
"Regions Bank to Acquire $26B Institutional Consultant," FundFire, by Aziza Kasumov, Jun. 10, 2019
"Early Converts Rethink OCIO Model," FundFire, by Aziza Kasumov, May 16, 2019
"RVK, Angeles Earn Top Consultant Rankings in Poll of Asset Owners," FundFire, by Aziza Kasumov, Apr. 30, 2019
"OCIO Clients Warm to Performance Fees as Aon Jumps on Board," FundFire, by Aziza Kasumov, Apr. 10, 2019
"He Was Once a Macro God. Now Alan Howard Wants to Be More...," Institutional Investor, by Richard Teitelbaum, Mar. 27, 2019
"Replacement Searches Surge as Inst'l investors Expect More from OCIOs," FundFire, by Aziza Kasumov, Mar. 19, 2019
"How a Decade of Consolidation has Changed the Consultant Industry," FundFire, by Alana Pipe, Feb. 11, 2019
"Dalio Fund Dumped by Tiny County Fed Up With Fees Eroding Return," Bloomberg, by Katherine Burton, Jan. 24, 2019
2018
"$28B OCIO Cuts Ties with PE, Gets New Owner," FundFire, by Mariana Lemann, Dec. 21, 2018
"This Money Manager is Passing on Tech's Nouveau Riche," Bloomberg, by Michael McDonald, Dec. 11, 2018
"GSAM to Expand OCIO, Advisory Biz with Rocaton Acquisition," FundFire, by Danielle Verbrigghe, Nov. 9, 2018
"BlackRock Boosts Features Beyond Investments to Win OCIO Clients," FundFire, by Mariana Lemann, Sep. 21, 2018
"Consultant OCIO Offerings Bring Conflict Concerns to Forefront," FundFire, by Fola Akinnibi, Sep. 12, 2018
"CalSTRS Seeks Pool of Investment Consultants for Specialty Projects," FundFire, by Alyson Velati, Sep. 7, 2018
"$448B Consultant Hires New PM to Oversee Growing OCIO Biz," FundFire, by Alyson Velati, Jul. 31, 2018
"Cambridge Grows OCIO Assets 50% in Year Since Pivot from Consulting," FundFire, by Alyson Velati, May 17, 2018
"University of Tennessee Issues Investment Consulting RFQ," MandateWire, by Jack Houghteling, Apr. 10, 2018
"Will Investing in 'Do Good' Companies Make You Rich?" The Street, by Brian O'Connell, Jan. 26, 2018
"Five Lifestyle Changes That Will Save You Money -- And Make You Healthier," Discover Bank: Modern Money, Jan. 2018
2017
"Looking For a New Consultant? Here's What to Ask on the RFP," FundFire, by Alyson Velati, Dec. 15, 2017
"What Hedge Funds Will Do After the Hedge Fund Model Dies," Bloomberg, by Katherine Burton, Dec. 12, 2017
"Consultant Poised to Enter OCIO Biz with $8B Foundation Client," FundFire, by Alyson Velati, Dec. 8, 2017
"New State Law Takes Aim at Consultant Conflicts, Diversity," FundFire, by Alyson Velati, Nov. 22, 2017
"OCIO Shop's Endowment Clients Split on Commingled Structure," FundFire, by Alyson Velati, Oct. 30, 2017
"Track Records Optional: Cambridge Searches for Untested Talent," FundFire, by Alyson Velati, Oct. 25, 3017
"Is Your Retirement Nest Egg Safe If There's Another Black Monday?" The Street, by Brian O'Connell, Oct. 15, 2017
"Wall Street Regulator Is Also An Investor - With Meager Returns," Wall Street Journal, by Dave Michaels, Oct. 5, 2017
"Towers Hit with Trade Secret Lawsuit After Rival-Linked CFO Hire," FundFire, by Alyson Velati, Oct. 2, 2017
"Regulators Put Consultant Conflicts in Crosshairs," FundFire, by Alyson Velati, Sep. 21, 2017
"Steve Cohen's Comeback Begins," Bloomberg, by Simone Foxman and Katherine Burton, Sep. 5, 2017
"Dalio's Quest to Outlive Himself," Bloomberg, by Katherine Burton and Saijel Kishan, Aug. 10, 2017
"Conflicts Put OCIOs in Investor Crosshairs," FundFire, by Alyson Velati, Jul. 27, 2017
"Want More Millennial and Female Clients? Tout ESG Funds," Advisor News, by Brian O'Connell, Jul. 20, 2017
"ESG Concerns Dog Commingled OCIO Model," FundFire, by Alyson Velati, Jul. 13, 2017
"Consultants Hunt for Off-the-Grid Managers," FundFire, by Alyson Velati, Jun. 30, 2017
"Alford Consulting LPs on Consultants," Hedge Fund Alert, May 17, 2017
"Higher Rates Trigger Consumer Bank Exodus" The Street, by Brian O'Connell, Mar. 21, 2017
"How Does Your Fund Value Illiquid Assets?" U.S. News & World Report, by Jeff Brown, Jan. 18, 2017
"Mortgage Rates Dipped at Year End, but Buyers Shouldn't Get Too Excited," The Street, by Brian O'Connell, Jan. 6, 2017
Podcast
"The Widespread Impact of OCIO Growth," Pensions & Investments, Dec. 2, 2021
"How to Hire a Good Investment Consultant," Nonprofit Stewards Podcast, Bob DiMeo & Devon Francis, Feb 10, 2021