Tag Archives: pensions

01.06.14
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KCS’s January 2014 Fireside Chat: 2013 – A Year In Review

KCS’s January 2014 Fireside Chat: 2013 – A Year In Review

“My role in society, or any artist’s or poet’s role, is to try and express what we all feel. Not to tell people how to feel. Not as a preacher, not as a leader, but as a reflection of us all.” (John Lennon) 

 

As we gaze back on 2013, as we do following any year, we reflect on both the positives and negatives that impact our lives, our families, friends and colleagues, our community, our industry, our country and the world. We wonder why these events occur, why we may or may not have been involved, and whether or not there was anything that we could have done to alter the outcome through our collective experience. (please click on the link to continue to read the latest FC)

12.03.13
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Paradigm Shift or Back to the Future?

Paradigm Shift or Back to the Future?

Is the sun setting on the traditional advisory asset consulting with the dawn of the Outsourced Chief Investment Officer (OCIO)?  As biased advisory asset consultants, we really don’t believe that the day of reckoning is upon us! There remains a role for traditional asset consultants, but certainly an asset consultant’s role is evolving, and it is likely to continue.  Consultant specialist roles have been around since the early to mid 80’s, when both venture and real estate consultants first emerged, followed by consultants focusing on the broader alternative landscape.   KCS’s focus as the liability aware consultant is a unique specialty, too.  However, in most cases, the plan sponsor or asset owner retains day-to-day discretion over the asset base. With plan and fund sponsors outsourcing discretionary responsibility, the specialist role has been taken to a new level.