Investment Committee Guide to Prudence

<p>JJ's investment career spans more than five decades. He has been the chief investment strategist for a pension plan sponsor a managing director and senior consultant within a global investment planning consultant firm and a managing director and chief operating officer of an investment management organization. Over his career JJ has attended well over a thousand investment committee meetings as a plan sponsor a consultant and a money manager. In the majority of these meetings he has found that committee members lack three things: in-depth investment expertise to effectively carry out their fiduciary responsibilities the necessary time allocation to administer and manage the investment program in the best interests of the beneficiaries and the ability to develop an efficient monitoring system to hold all service providers accountable for the products and services they provide.</p><p><br></p><p>This book outlines the steps to be taken in establishing investment policy; formulating asset mix strategy; creating an appropriate investment management structure; undertaking investment manager searches; and highlighting the conflicts of interest biases and self-interests of the various service providers.</p><p><br></p><p>This book is designed to assist members of investment committees in their role as</p><p>fiduciaries/trustees/administrators.</p>