Outsourced Chief Investment Officer (OCIO) Services
WHAT IS AN OCIO?
An OCIO such as Vestcor is a professional investment services organization that provides discretionary investment activities and related operational services under the delegated instructions of a Trustee or Board of Directors type governance structure.
Public sector clients who partner with Vestcor as their OCIO gain immediate access to an experienced investment team, allowing their trustees to focus on a more strategic purpose or fiduciary mission while avoiding the cost and complexity of building their own internal team. They also benefit from significant economies of scale by accessing Vestcor’s global investment management platform.
Working with an OCIO provides confidential access to trusted and proven expertise that may otherwise be out of reach to smaller pools of investment capital. It can also more efficiently address the challenges and risks of the continually evolving global financial markets, fund cashflow transitions, legal obligations, and regulatory requirements.
In addition to decreasing operational complexities, working with an OCIO partner can provide unexpected added benefits. These benefits include streamlining governance roles, improving net long-term investment performance, and reducing administrative effort, while potentially reducing overall costs to your organization.
Since 1996, Vestcor has provided globally diversified OCIO and other related investment advisory services to a number of public sector pension funds and pools of investment capital based in Atlantic Canada.
We partner with our public sector clients to provide them with access to our knowledgeable team of investment management professionals and risk managers. Our Vestcor team specializes in several different global equity and fixed income investment asset classes in both public and private markets.
Our non-profit model directly aligns our activities with the best interests of our public sector clients while also providing for very cost-effective service solutions.
Vestcor’s services include:
- Fully Outsourced Chief Investment Officer Investment Management Services
- Individual Portfolio Mandate Global Investment Management Services – Public & Private Markets
- Investment Strategy Policy Development and Advice
- Investment Asset Custody and Transition Services.
- Cashflow Management and Securities Lending Services
- Independent Risk Management, Investment Compliance and Performance Measurement Services
- Regular access to market updates, performance attribution reporting, and ad-hoc information sessions from our senior management team.
- Financial Reporting
- Responsible Investment Services
Additional services, of a more administrative nature, are also provided to some of our public sector clients as needed. These may include day-to-day pension administration support, trustee board support, pension payroll processing, pension plan member support, education, and communication services.
Additional Investment Resources
The Investments section of the Vestcor website provides a significant amount of additional information on our operations, including:
- Investment Entity Profiles
- Investment Program Guidelines
- Glossary of Investment Terms
Copies of Vestcor’s Annual Reports and related disclosures can be found at vestcor.org/en/about-us/annual-reports.
For additional information with respect to Vestcor’s OCIO services please feel free to contact us at 1-800-561-4012 or info@vestcor.org.