- Feb. 5, 2018
-- Alpha Capital Management, which offers consultant search and OCIO search services to institutions, announces the release of a new research report titled "Governance Issues: Can OCIO Fix an Absentee Committee?" The report, which was made available today on Alpha Capital's website, takes an in-depth look at how outsourced chief investment officer solutions (OCIO) might solve a key governance issue facing investment committees and boards of directors: absentee members.
In its simplest form, OCIO simply describes a relationship in which a consultant has discretion to make changes over an investment pool, rather than simply providing advice to the staff or board of directors. "We've been asked by clients if there is really a difference between rubber stamping a consultant's every recommendation and giving them discretion over the portfolio," notes Anna Dunn Tabke, principal of Alpha Capital Management. "The answer is yes!"
Organizations facing the difficult problem of a lack of engagement from their volunteer committee members should look seriously at an OCIO solution - but understand that they retain an oversight responsibility in either case.
The report can be downloaded for free at Alpha Capital's website: http://www.alphacapitalmgmt.com/news