95 percent of asset managers say that they’ve gotten business via OCIO mandates. (Photo: Shutterstock)

The outsourced chief investment officer market looks set to offer opportunities for asset managers, in spite of heightened market volatility, with many asset managers hiring or considering hiring dedicated OCIO distribution professionals (80 percent), relationship managers (83 percent) and client services resources (72 percent).

New research from Cerulli finds that as of year-end 2017, U.S.-based OCIO assets represented more than $1 trillion in assets under management (up 12.7 percent from the previous year) and accounted for 67 percent of global AUM.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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