ENGLISH

Trustee Investment Strategy for Endowments and Foundations (The Wiley Finance Series)

Book information

Publisher
Wiley
Year
2006
ISBN
0470011963, 9780470011966
Open Library ID
OL9841809M
Language
english
Format
PDF
Filesize
2 MB (1633633 bytes)
Edition
1
Pages
251\251
Topic
Economy Investing
Time added
2011-06-04 13:46:07

Description

Trustees are responsible for the stewardship of assets and for implementing the mission of their endowment or foundation. Almost invariably trustees delegate the management of those assets to agents who are investment professionals.In this increasingly sophisticated and litigious financial world there can be a growing gap of comprehension, exacerbated by mathematics and jargon, between trustees who are responsible and agents who are accountable.This book aims to fill that gap. The book draws on the author's own experience and research and that of generations of investment professionals and academics to explain the fundamentals of investment strategy. Key features are therefore:Foreword by George Keane (founder and former president of Commonfund, won the first ever Lifetime Achievement Award from Foundation & Endowment Money Management) one of the icons of endowment fund management in the USAimed at professional trusteesAn holistic approach to strategyAvoidance of jargon and mathematicsFocus on principles underlying asset strategy

Similar books