Outsourced Chief Investment Officer
What is an OCIO?
An OCIO is an external investment expert hired by organizations to manage their investment portfolios in a fiduciary manner. They make decisions on behalf of the asset owner, handling everything from strategy to selecting investments, with the goal of meeting long-term financial objectives. Benefits include faster execution of investment decisions, stronger risk management, increased access to opportunities and allows the client to focus on other priorities.
U.S. Bancorp Asset Management's OCIO Solution
Our history of developing and implementing customized OCIO solutions dates back more than 20 years through legacy firms. We help clients invest across a variety of public and private asset classes including global equities, investment grade and non-investment grade fixed income, real assets, and alternatives. We take a client-first approach to understand the specific challenges clients face today and to collaboratively develop investment programs meant to last into the future. Today, our OCIO business manages more than $36B in discretionary OCIO assets for institutional clients nationwide.
Clients We Serve
Endowments / Foundations
At U.S. Bancorp Asset Management, we partner with endowments and foundations to deliver tailored OCIO solutions that align investments with mission and long-term goals. Our team provides discretionary management, governance support, and access to institutional-quality strategies, including alternatives and private markets. With disciplined risk oversight and transparent reporting, we help boards focus on their mission while ensuring assets are managed with care and expertise.
Insurance Captives
When working with U.S. Bancorp Asset Management (USBAM), captive insurance companies will find customized institutional investment strategies that support the unique growth, liquidity, and liability needs of captives. We have experience with both onshore and offshore domiciles and work with captive insurers at every stage of the life cycle.
Healthcare
At U.S. Bancorp Asset Management, Inc. (USBAM), we believe the right investment approach begins with the right partnership. We work alongside healthcare organizations, including nonprofit healthcare systems, healthcare foundations, and continuing care retirement communities, to understand their mission and liquidity needs. We then tailor investment strategies that support long-term sustainability. We have over four decades of experience partnering with mission-driven institutions, providing liquidity, fixed income, and outsourced chief investment officer (OCIO) solutions.
Not-for-profits
We understand that every dollar matters for not-for-profit organizations. USBAM's OCIO solutions are designed to safeguard and grow assets so you can maximize impact on the communities you serve. We provide discretionary investment management, governance support, and access to institutional-quality strategies tailored to your mission, liquidity needs, and spending policies. With disciplined risk oversight and transparent reporting, we help you achieve long-term sustainability while freeing leadership to focus on advancing your cause.
Our OCIO Team
Our OCIO Investment Committee is comprised of senior investment professionals, guides our overall investment decision-making process. We also have supporting portfolio construction and manager selection sub-committees informing our investment decisioning process along with dedicated portfolio strategists and manager research analysts. Our centralized investment research team collaborates with our client service specialists and portfolio managers to develop strategies and portfolios tailored to our clients’ investment objectives and return goals, investment restrictions and sensitivities, and anticipated uses and liquidity needs.
OCIO Capabilities
Investment Related: Strategic and Tactical Asset Allocation; Manager Selection, Portfolio Construction, Performance Monitoring, Customized Solutions
Risk & Governance: Risk Management; Compliance Oversight; Fiduciary Support; Investment Policy Development & Maintenance
Operational: Consolidated Reporting, Custodian Coordination, Transaction Execution, Cashflow Modeling, GIPS Performance Reporting
Investment Approach and Philosophy
Our investment philosophy is grounded in the belief that meeting our clients’ investment objectives and goals begins with the most important input, strategic asset allocation design. Active return strategies incorporate the implementation of periodic tactical asset allocation and third-party actively managed strategies in certain asset classes. Low cost, passive index-based strategies are also available to clients. Our open architecture approach uses third-party mutual funds or ETF’s, separate accounts, or our proprietary multi-manager mutual funds and strives to meet the distinctive return, risk and liquidity needs of each client.
Our Investment Principals
- Strategic Asset Allocation
- Manager Selection & Research
- Dynamic Asset Allocation & Rebalancing
What do we offer?
- Tenured Investment Committee
- Dedicated Manager Research & Portfolio Construction Teams
- Risk Management and Compliance
- Portfolio Managers And Client Service Specialists
Additional Insights & Thought Leadership
For More Information
Jim Link
