June 6, 2018

Mark Hamilton Q&A in Forbes

Mark Hamilton sits down with Forbes Contributor to discuss Hirtle Callaghan, manager selection, and the OCIO model.

Luke Schiefelbein, SumZero: What do you think is most misunderstood about the OCIO model?

Mark Hamilton: More recently, there have been many new entrants into the OCIO space, some of whom are owned by or affiliated with larger organizations such as banks, consultants and service providers. As a result, there is more confusion about whether OCIO is just another distribution channel for financial products. It is not a new distribution system. It is a fundamental change in fiduciary governance that gives investors more complete access to the capital markets. For this fiduciary governance system to work well, we believe it is critical for OCIOs to have a conflict free business structure that fully aligns incentives with client interests. Many investors don’t fully understand the differences between the various models and how an OCIO’s incentives and alignment can impact investment results.

Read the full interview in Forbes here.