{ }
The OCIO industry is projected to grow to $4.2 trillion by 2028, driven primarily by endowments and foundations, which are expected to see 11.3% annual growth in assets managed by OCIO providers. Nonprofits are increasingly outsourcing investment management due to the complexity of alternative investments and the high costs of in-house CIOs. Additionally, consolidation within the industry and decreasing advisory fees are making outsourcing more appealing, fostering a "safety in numbers" mentality among nonprofits.
Employers are enhancing health benefits amid rising medical costs, with a focus on family planning, affordability, and cancer care. A survey reveals that 44% of large employers now cover GLP-1 medications for obesity, while 65% offer multiple plan options, including exclusive provider organization plans. Additionally, 47% cover in vitro fertilization, reflecting a trend towards inclusivity and comprehensive support for employees' health needs.
Nokia has outsourced its U.S. defined benefit pension management to Mercer Investments, shedding its in-house team amid rising costs and low profitability in corporate pensions. This move aligns with a broader trend of companies offloading pension responsibilities to external firms, allowing them to focus on core operations while OCIOs like Mercer benefit from increased assets under management.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.