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Bank of America has been named the largest outsourced chief investment office (OCIO) for foundations and endowments in the US by Pensions & Investments.
BofA's OCIO services include strategic consulting, administrative services, and portfolio management.
"This is an important and growing business, which has increased significantly in recent years," Jennifer Chandler, head of Philanthropic Solutions at Bank of America Private Bank, says in a press release.
"This growth can be attributed to our team's ability to address the increasing demands placed on nonprofit leaders by going beyond investment management to offer strategic consulting and advisory services."
BofA was also recently recognized as the Best Private Bank Philanthropy Offering or Initiative in the Americas by WealthBriefing Wealth for Good Awards. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Bank of America has been named the largest outsourced chief investment office (OCIO) for foundations and endowments in the US by Pensions & Investments. BofA's OCIO services include strategic...more
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