Normal view MARC view ISBD view

Governance and investment of public pension assets : practitioners' perspectives / edited by Sudhir Rajkumar and Mark C. Dorfman. - Washington, D.C. : World Bank, c2011. - xvi, 343 p. : ill. (some col.) ; 26 cm.

Includes bibliographical references and index.

Summary and key messages -- Key principles of governance and investment management -- Governance of public pension assets -- Governance structures and accountabilities -- Qualification, selection, and operation of governing bodies -- Operational policies and procedures -- Managing fiscal pressures in defined-benefit schemes -- Policy responses to turbulent financial markets -- Investment of public pension assets -- Defining the investment policy framework for public pension funds -- Managing risk for different cohorts in defined contribution schemes -- An asset-liability approach to strategic asset allocation for pension funds -- In-house investment versus outsourcing to external investment managers -- International investments and managing the resulting currency risk -- Alternative asset classes and new investment themes.



ISBN: 9780821384701

Subjects--Topical Terms:
Pension trusts.
Pension trusts--Investments.
Financial crises--21st century.

LC Class. No.: HD7105.4 / .G68 2011