Provider Profiles
PNC Bank - PNC Institutional Asset Management
| Profile | |
| Business Model§ | OCIO + other |
| Year Entered Into OCIO Business | 1948 |
| No. of Relationship Managers/Salespeople | 210 |
| No. of OCIO Portfolio Managers | 160 |
| OCIO % of Total Firm Revenue | 90% |
| No. of Clients, Full Discretion | 4048 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $4.2b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $0mm |
| 401(k), 403(b), Other DC | $0mm |
| Endowments/Foundation | $0mm |
| Healthcare Pools (Board designated, funded depreciation) | $0mm |
| Other | $0mm |
| Portfolio Construction |
| Portfolio Construction and Management: • Identify high conviction managers • Combine managers with low correlation • Making sure exposures reflect market view • Check of unintended risks • Prepare for implementation • Ongoing performance evaluation |
| §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. Other: OCIO Platform is something other than the 4 types listed above. |