Vanguard tops P&I rankings of largest OCIOs for endowments and foundations

September 21, 2021

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Vanguard is the largest manager of outsourced CIO (OCIO) assets for endowments and foundations, according to a Pensions & Investments (P&I) report on investment outsourcing published in June.

P&I reported total OCIO assets managed for worldwide institutions with full or partial discretion growing 22.7% to $2.46 trillion for the 12 months ended March 31, 2021. Strong market returns and increased interest in OCIO services fueled industry growth.

Vanguard had its best year to date for OCIO services in 2020, despite a slow start. "Since the end of June last year, the momentum for OCIO strategies has been strong," said Christopher Philips, principal and head of Vanguard Institutional Advisory Services.®

"We've been onboarding a lot of new clients, some of which are coming to Vanguard from other OCIO managers." Philips said that growth was relatively even across pension plans, endowments, and foundations.

Read the P&I report pdf

Learn about Vanguard's OCIO services for nonprofits

Notes:

  • All investing is subject to risk, including the possible loss of the money you invest.
  • Advice services offered through Vanguard Institutional Advisory Services® are provided by Vanguard Advisers, Inc., a registered investment advisor.