Investors have traditionally built their portfolios through a meticulous mix of various securities or funds. However, one can do it all through a simple multi-asset exchange traded fund strategy.
For example, the recently launched ClearShares OCIO ETF (NYSEArca:OCIO) is an actively managed portfolio of active and passive, index-based ETFs that acts as a play on the “outsourced CIO” concept.
Under the outsourced chief investment officer relationship, clients usually engage a third party provider to manage the investment portfolio. The third party is backed by a chief investment officer who leads a full investment team and operations support staff to optimize performance.
This outsourced CIO concept is seen as an institutional level strategy. A growing number of institutional investors have turned to outsourced investment solutions to access top investment talents and a broader range of traditional or alternative assets.
“ClearShares is a natural outgrowth of Clearbrook’s discretionary OCIO platform. Our investment process is collaborative and research-driven, directed by a team with multi-asset class, multi-market cycle experience on all sides of the institutional investment relationship,” Elliott Wislar, CEO of Clearbrook, said in a note. “We have listened to a growing number of investors and in response, we have developed an affordable ETF solution and made it available to the entire market.”
The ETF is managed by managing director Mark N. Hong, managing director Jonathan M. Chesshire, director Eric J. Blasberg and senior analyst Kevin M. O’Connor. The team will focus on tactical asset allocation and utilize their multi-asset class, multi-market cycle experience when developing a diverse portfolio to outperform a traditional 60/40 mix of global equity and fixed income investments.