Richard Schwartz

Second Issue of Philanthropy Management: More Non-profits Use an "Outsourced CIO," But What Does That Mean, Exactly?

According to a report from Philanthropy Management magazine, small and mid-sized philanthropies increasingly decide on a single outscourced chief investment officer (CIO). However, it os often discussed on an industry level what influence and liability such a CIO should have. There are differences between industry investors which is why some industry aggreement is sought in regard of the best way to apply this kind of strategy and regarding discretion over investment decisions.

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