How to Select Investment Managers and Evaluate Performance A Guide for Pension Funds

9780470042557

0470042559

How To Select Investment Managers & Evaluate Performance The key to successful investment management is to select investment professionals who can best meet clients' investment goals, objectives, and needs. How to Select Investment Managers & Evaluate Performance provides those who are responsible for the investment performance of their institution's funds-including pension plan trustees, endowment fund board members, and investment committee board members-with the essential knowledge and skill set required to properly select investment managers and to evaluate their performance in a systematic manner. This book describes cutting-edge techniques used to evaluate the performance of investment funds and their managers and provides valuable insight into the roles and responsibilities-in light of the Sarbanes-Oxley Act of 2002-of those charged with this oversight. In a clear and understandable fashion, the authors offer key advice on such topics as establishing investment policy statements, alternative investments, investment approaches and styles, return-risk measurements, how overall portfolio performance is evaluated, how to conduct a search for investment managers, and much more.