Pension Fund Excellence: Creating Value for Stockholders / Edition 1 available in Hardcover
- Pub. Date:
Internationally recognized experts in the field introduce their "business excellence paradigm".
In this book, two leading pension fund experts lay out a comprehensive plan for effective fund management. With the help of domestic and global case studies they critically assess current approaches to pension fund management and isolate what works and what doesn't using their unique critically acclaimed "run-it-like-a-business" model.
Keith P. Ambachtsheer (Toronto, Canada) is principle at KPA Advisory Service, Inc., a pension fund management consulting firm. He runs The Ambachtsheer Letter and cofounded Cost Effective Measurement, Inc., which monitors the performance of 300 of the world's largest asset funds. D. Don Ezra (Toronto, Canada) is Director of European Consulting at Frank Russell Co. His previous books include The Struggle for Pension Fund Wealth.
About the Author
KEITH P. AMBACHTSHEER is President of KPA Advisory Services Inc., a pension fund advisory firm based in Toronto. He writes The Ambachtsheer Letter and is the cofounder of Cost Effectiveness Measurement Inc., which monitors the organizational performance of many of the world's largest pension funds. He has contributed to numerous financial publications and is the author of Pension Funds and the Bottom Line.
D. DON EZRA has held a number of senior positions in the United States with Frank Russell Company, a pension fund advisory firm whose clients' assets exceed $1 trillion. He is currently Director of European Consulting, based in London. He writes frequently for financial publications. His most recent book was The Struggle for Pension Wealth.
Table of Contents
PENSION FUNDS AS FINANCIAL BUSINESSES: THE NEW "EXCELLENCE" PARADIGM.
The Coming Era of Pension Fund Capitalism.
How Good Is Pension Fund Management?
Mapping the Road to Excellence.
WHAT EVERY PENSION FUND FIDUCIARY SHOULD KNOW ...
OR HAVE A VIEW ON.
What Fiduciaries Should Know about Pension Law and Pension Economics.
What Fiduciaries Should Know about Capital Markets.
What Fiduciaries Should Know about the Investment Management Services Market.
MANAGING THE PENSION FUND BUSINESS.
Effective Pension Fund Governance.
The Right Funding Policy.
The Right Asset Allocation Policy.
Creating Value through Policy Implementation.
From Data to Information to Knowledge.
Managing Small Pension Funds.
EXCELLENCE IN ACTION: FROM CASE STUDIES.
Excellence in Action: The Teachers' Pension Fund.
Excellence in Action: HiTechCo, Mid-West Resources Pension Fund, and the Yale University Investments Office.
PENSION FUNDS IN THE TWENTY-FIRST CENTURY: THREE CRITICAL ISSUES.
Defined Contribution Plans Are Different, But Are They Better?
Fixing "Broke" National Pension Schemes.
Pension Funds, Politics, and Power.