Why FOs might think twice before hiring an OCIO
Two family office executives tell AsianInvestor why the prospect of lower costs is not enough reason to use an outsourced chief investment officer.
Institutional investor interest in farming out the job of chief investment officer to third parties is growing in Asia as the region’s wealth accumulates and more asset managers begin offering the service.
On Thursday (September 26), for example, Global CIO Office was launched by Singapore-based Purple Asset Management to provide external portfolio management solutions for the wealth management industry across Asia and the Middle East.
But investor reservations remain, highlight…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.