Provider Profiles
Wilshire
| Profile | |
| Business Model/Type§ | OCIO + other |
| Year Entered Into OCIO Business | 2001 |
| No. of Relationship Managers/Salespeople | 28 |
| No. of OCIO Portfolio Managers | 7 |
| OCIO % of Total Firm Revenue | 7% |
| No. of Clients, Full Discretion | 23 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $11.1B |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $5.3B |
| 401(k), 403(b), Other DC | $4.4B |
| Endowments/Foundation | $738MM |
| Health Care | $399MM |
| Other | $208MM |
| Portfolio Construction |
Wilshire’s approach is a top-down process; every step is overseen by their OCIO Investment Committee, comprised of senior professionals at Wilshire and implemented by the dedicated operations team. The Investment Committee structures portfolios within asset classes taking into account broad portfolio considerations including benchmark choice and risk budgeting parameters. Also considered at this step is the level of active management employed and type of investment styles represented. Finally, investment managers are identified and “tested” as part of the portfolio structure. Wilshire’s analytical tools provide a distinct advantage as we are able to evaluate numerous scenarios and consider the combined style or factor exposures represented. |
| § | OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. |
| OCIO + other: An open-architecture/manager-of-manager investment outsourcing platform as one of multiple business lines. | |
| Implemented consulting: i.e. consulting firm that also has discretion over assigned assets. | |
| Proprietary/non-proprietary: An investment outsourcing platform that offers proprietary products alongside non-proprietary products. |