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Due to the current complexities surrounding various investment vehicles and their increased due diligence provisions, endowments and foundations are mulling over the possibility to implement an outsourced CIO model, a new SEI study claims.
The Oaks, Pa.-based firms' quick poll, which was released today, tabulated responses from nearly 177 nonprofit executives and investment committee members who oversee assets ranging from $25 million to more than $1 billion. Of this group, approximately 54% said that they "are interested in learning more about...