PHILADELPHIA, April 7, 2014 (GLOBE NEWSWIRE) -- The outsourced chief investment officer (OCIO) movement is quickly becoming one of the fastest growing industries. In 2014 alone, the OCIO business is expected to increase by 54 percent .
Corporate defined benefit plans, endowments, foundations and family offices are increasingly seeking firms to assume discretionary oversight over some, or all, of their portfolios where they hadn't before.
A pioneer of the OCIO model, Hirtle Callaghan has more than 25 years of experience in the industry. The firm's Director in the Investment Management Division, Nicole Wellmann Kraus , CFA, will be discussing industry trends and the outlook for 2014 on a panel with Women in Investing Network of Philadelphia .
The discussion will include industry veterans along with the perspective of a foundation that has made the transition to the OCIO model.
The Outsourced Chief Investment Officer Panel Discussion will take place on Thursday, April 10, 2014 from 6:00 p.m. to 8:00 p.m. at Haverford Trust (Three Radnor Corporate Center, Suite 450, Radnor, PA, 19087).
About Hirtle Callaghan
Hirtle Callaghan ( www.hirtlecallaghan.com ) pioneered open investment architecture and the professional outsourced CIO in 1988.
With $23 billion under direct supervision (discretion) and recognition as one of the world's Top 20 Wealth Managers, Hirtle Callaghan has become one of the investment industry's leading change-agents. Known as "Wall Street idealists" and "cutting-edge fiduciaries" for combining performance intensity with a genuine fiduciary ethos, Hirtle Callaghan represents serious investors by managing complete, globally diversified, valuation dominant, open-architecture investment programs emphasizing the significance of capital-allocation and risk management at every step of the process.
Jessica Emery 610-649-9292
