Description
Intended specifically for people serving on investment committees for college, hospital, civic groups, pension funds, or endowments, this book explains the fiduciary role. Olsen, a seasoned consultant on institutional investing, discusses the dynamics of the investment committee and the basic concepts of investing. He then details how to set investment policies, put together a portfolio of asset classes, select and monitor advisors and managers, evaluate an investments fund's organization, and understand endowment funds and pension funds. A glossary and bibliography round out the work. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)
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Comprehensive coverage of what it takes to be a responsible member of an investment committee In a clear, organized, and easy-to-understand manner, this handbook explains the responsibilities and expectations of investment committee fiduciaries for pension funds, endowment funds, and foundations. Emphasizing all the do's and don'ts to follow for prudent investment management, this invaluable resource covers topics ranging from investment policy, asset allocation, and risk assessment to understanding information presented at committee meetings, asking meaningful and productive questions, and voting on recommendations knowledgeably. This book will empower readers with all the knowledge they need to feel confident in the investment decisions they make for their organizations
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