Darkening outlook boosts demand for outsourced investment teams
The outsourced chief investment officers industry is one of the fastest growing businesses within asset management industry, says Michelle Seitz, chief executive of Russell Investments in Financial Times.
The market for outsourced investment teams is "red hot" thanks to the darkening outlook for future returns, with allocators of capital increasingly delegating entire multibillion-dollar mandates to outside money managers, writes the Financial Times.
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