Provider Profiles
FEG Investment Advisors
| Portfolio Construction |
| Mission-Driven Client Partnership: Total portfolio perspective for holistic enterprise management; Client-centric understanding of risk tolerance, illiquidity budget, and horizon; Strategic asset allocations Long Term Focus, Prepare for Short Term: Prudent long-term risk posture applying appropriate opportunistic tilts; Incorporate private capital for broader opportunity set and potentially higher returns; Willing to take intentional risks aligned with market conditions Search for Alpha, Manage Beta: Invest with managers with aligned interests and good character, focusing on active risk budget in inefficient market areas; Build portfolio from bottom up with high-conviction managers and low-fee market exposure |
| Profile | |
| Business model§ | OCIO + other |
| Year entered into OCIO business | 2003 |
| No. of relationship managers/salespeople | 26 |
| No. of OCIO portfolio managers | 9 |
| OCIO % of total firm revenue | 45% |
| No. of clients, full discretion | 92 |
| Full Discretionary Assets | |
| Total full discretionary OCIO assets | $10.7b |
| Discretionary Assets by Fund Type | |
| Defined benefit | $356mm |
| 401(k), 403(b) or other defined contribution plan | $4mm |
| Endowments or foundation | $5.3b |
| Health care pools (board designated, funded depreciation) | $5b |
| Other | $0mm |
| §OCIO only: Open-architecture (no proprietary products used): Investment outsourcing is only business line. OCIO + other: An open-architecture or manager-of-manager investment outsourcing platform as one of multiple business lines. Implemented consulting: A 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: An OCIO platform is something other than the types listed above. |