Synopses & Reviews
Synopsis
Safeguarding the investments of others is an enormous responsibility. If you are on the investment committee of a retirement fund, endowment, charitable organization or similar financial board, you have a fiduciary duty to ensure that investment managers are performing prudently. At the same time, you must be certain that funds are not invested so conservatively as to damage the long-term viability of your organization's assets. How can you judge the performance of money managers and be confident that investment sand management 'surprises' do not occur?