The most basic asset owner/manager relationship is the purchase and providing of money management service. It is Chief Investment Officer’s belief that in the future, this won’t be enough.
Instead, asset managers will need to provide more than just the buying and selling of stocks and bonds to secure lasting work with the world’s largest and smartest asset owners and their staff—what we call “Asset Management Plus.”
Examples of Asset Management Plus vary wildly: technology platforms, outsourced research capabilities, customization of portfolios and benchmarks, co-investment opportunities, strategic partnerships, and regulatory advice are all examples that fit in this category. And, of course, some examples include asset managers simply repackaging old habits in hopes of joining the trend—something we’d derisively label Asset Management Minus.
Accordingly, the 2016 Chief Investment Officer Summit will focus on this changing dynamic: What asset owners are demanding, what asset managers and servicers are providing, and what Asset Management Plus means for the future of institutional investing.
CIO Pioneer Awards
The second annual CIO Pioneer Awards honor two leading women—one asset owner and one manager—who have not only reached the top of their game, but also powerfully changed it for the better. While asset management stubbornly retains Mad Men-era demographics, these agents of change prove that investment talent is gender-blind.