This study analyzes the impact of the outsourced chief investment officer (OCIO) index and
OCIO search consultant on asset owners' selection of OCIOs. We adopt an agent‐based …

This study analyzes small-sized asset owners' optimal choice problems in selecting an
outsourced chief investment officer (OCIO). While large-sized asset owners can select …

Funded pensions are now established components of most mature retirement income
systems. The value of global pension fund assets is higher than ever before, and the way …

This study analyzes the competition in the outsourced chief investment officer (OCIO) market
by utilizing a game-theory approach of multidimensional auctions, which is theoretically …

State and local pensions can take care of the investment function in-house, or they can
outsource part or all of it. Which strategy is the more desirable depends on six key …

본 논문은 OCIO (outsourced chief investment officer) 시장에서의 경쟁을 게임이론과
경매이론을 활용해 분석한다. 본 연구에서는 다차원 경매 모형의 틀 하에서 개별 기금의 OCIO …

* 본 연구는 2020 년 한국증권학회-미래에셋자산운용 신진학자 연구지원사업의 연구지원을
받아 수행되었습니다. 본 논문은 2021 년 한국증권학회 정기학술발표회, 재무금융 …

In recent years, as investors have pursued higher yields while also looking to manage
exposure to the prospect of rising interest rates, senior loans have become an increasingly …