Trustee Investment Strategy for Endowments and FoundationsISBN: 978-0-470-01196-6
Hardcover
248 pages
July 2006
This is a Print-on-Demand title. It will be printed specifically to fill your order. Please allow an additional 10-15 days delivery time. The book is not returnable.
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Trustees are responsible for the stewardship of assets and for
implementing the mission of their endowment or foundation. Almost
invariably trustees delegate the management of those assets to
agents who are investment professionals.
In this increasingly sophisticated and litigious financial world there can be a growing gap of comprehension, exacerbated by mathematics and jargon, between trustees who are responsible and agents who are accountable.
This book aims to fill that gap. The book draws on the author's own experience and research and that of generations of investment professionals and academics to explain the fundamentals of investment strategy.
Key features are therefore:
- Foreword by George Keane (founder and former president of Commonfund, won the first ever Lifetime Achievement Award from Foundation & Endowment Money Management) one of the icons of endowment fund management in the US
- Aimed at professional trustees
- An holistic approach to strategy
- Avoidance of jargon and mathematics
- Focus on principles underlying asset strategy