On September 26, 2019, Canterbury Consulting’s Director of Outsourced Investments, Poorvi Parekh, spoke on an Outsourced Chief Investment Officer (OCIO) panel session at the 3rd Annual West Coast Sub-Advisory Roundtable in Marina del Rey, CA.

The panel session, Consultants, Managers & OCIOs: The Lines are Blurring, was an interactive session focused on the current and evolving nature of the OCIO marketplace. Over time, there has been a crossing of roles between asset owners, asset managers, and asset allocators as each look to enter the OCIO space. This has created levels of competition amongst these entities, and yet, there are places where these entities can collaborate. This system of coopetition — collaboration between competitors in hopes of achieving mutually beneficial results — is changing the the way firms interact with one another. The panel also discussed how the OCIO marketplace is very diverse and not all OCIO providers are moving into the space of asset managers. Nonetheless, asset owners, asset managers, and asset allocators alike feeling the pressure of fee compression, and end investors are benefiting from this. 

The two-day event brought together leaders in the sub-advisory landscape to assess how the investment objectives of institutions are changing and how firms that offer sub-advised strategies can respond to these needs.

Learn more about the Institutional Investor West Coast Sub-Advisory Roundtable.