Provider Profiles
Glenmede
| Profile | |
| Business Model§ | OCIO only |
| Year Entered Into OCIO Business | 1978 |
| No. of Relationship Managers/Salespeople | 115 |
| No. of OCIO Portfolio Managers | 204 |
| OCIO % of Total Firm Revenue | 25% |
| No. of Clients, Full Discretion | 255 |
| Full Discretionary Assets | |
| Total Full Discretionary OCIO Assets | $10.2b |
| Discretionary Assets by Fund Type | |
| Defined Benefit | $0mm |
| 401(k), 403(b), Other DC | $0mm |
| Endowments/Foundation | $10.2b |
| Healthcare Pools (Board designated, funded depreciation) | $0mm |
| Other | $0mm |
| Portfolio Construction |
| We conduct a thorough exploratory process to ensure the client’s unique mission, goals and objectives are understood and well documented. Then, we review and confirm the IPS at the outset of the relationship, defining the permissible asset classes, subasset classes and the minimum, maximum and long-term weightings to guide a long-term allocation. We seek a high probability of real portfolio growth in excess of inflation over the long term. With knowledge of the key considerations impacting portfolio construction, we model different liabilities, expected returns, standard deviations, spending and inflation rates using proprietary Monte Carlo analysis tools. |
| §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. |