Not-For-Profit Specialists — CIO
CONTACT US
Chris Adkerson
Endowment Practice Leader
+1 314 982 5717
Russ LaMore
Foundation Practice Leader
+1 314 982 5680
Michael Ancell
Healthcare Practice Leader
+1 314 982 5709
Michael Pompian
Private Wealth Practice Leader
+1 314 982 5701
FULL/PARTIAL OUTSOURCED CHIEF INVESTMENT OFFICER
No two client situations are alike. Our philosophy is that the degree to which clients outsource tasks to us should reflect their needs and evolve over time.
We understand that committee and staff abilities and needs change, so we structure our approach to accommodate those changing needs. For example, clients may choose only to have us implement decisions made by the investment committee or staff. Other clients may choose to authorize us to hire or terminate investment managers on their behalf. Finally, clients may authorize us to craft the asset mix, within policy ranges and then select managers to implement the mix.
Regardless of the degree of discretion, we maintain a regular meeting and reporting schedule with our clients so they remain abreast of the markets and their portfolios.
GOVERNANCE SERVICESREDEFINING INVESTMENT COMMITTEE ROLES
This Governance Update provides practical steps designed to help investment committees and institutional staffs think though the governance framework and tailor it to the current committee's needs and preferences. |
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ENDOWMENT AND FOUNDATIONS OUTSOURCED SOLUTIONS
- Your consultant? - Your portfolio manager? - Your investment committee? - The fees you pay? |
Many institutional investment committees are reconsidering how they implement their investment policies. Reasons for this phenomenon are well publicized and include the desire for nimbleness, concern about increased investment complexity, and the challenge of increasing volumes of information to process.
Do you think you are getting the most from...
SHIFTING THE BURDEN
We will act as an extension of staff in performing investment functions and administrative tasks promptly and efficiently, while keeping the client informed at each step of the process. With an outsourced solution, many of the burdens that were the client's responsibility may transfer to Mercer Hammond.
TRADITIONAL CONSULTING |
OUTSOURCED CIO SOLUTION |
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ABC UNIVERSITY |
ABC UNIVERSITY |
MERCER |
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STRATEGY |
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Define Objectives |
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Strategic Asset Allocation 1 |
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Portfolio structuring 1 |
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IMPLEMENTATION |
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Manager Selection |
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Manager Termination/Transition |
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Tactical Asset Allocation |
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Rebalancing |
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EVALUATION |
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Auditor Support |
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Cash Flow Management |
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Manager Compliance |
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Document Decisions |
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1 Information provided by Mercer, client makes decisions and adopts policy
Key: The shading in each box indicates responsibility
Mercer is a leading global provider of investment services, and offers customized guidance at every stage of the investment decision, risk management and investment monitoring process. We have been dedicated to meeting the needs of clients for more than 30 years, and we work with the fiduciaries of pension funds, foundations, endowments and other investors in some 35 countries. We assist with every aspect of institutional investing (and retail portfolios in some geographies), from strategy, structure and implementation to ongoing fiduciary management. |
IMPORTANT NOTICES
References to Mercer shall be construed to include Mercer LLC and/or its associated companies. This contains confidential and proprietary information of Mercer and is intended for the exclusive use of the parties to whom it was provided by Mercer. Its content may not be modified, sold or otherwise provided, in whole or in part, to any other person or entity, without Mercer's prior written permission. The findings, ratings and/or opinions expressed herein are the intellectual property of Mercer and are subject to change without notice. They are not intended to convey any guarantees as to the future performance of the investment products, asset classes or capital markets discussed. Past performance does not guarantee future results. Mercer’s ratings do not constitute individualized investment advice. This does not contain investment advice relating to your particular circumstances. No investment decision should be made based on this information without first obtaining appropriate professional advice and considering your circumstances.