Pension Fund Investment Management

Every investment professional involved with the management of pension funds will embrace this wide-ranging handbook. Consisting of articles by an esteemed panel of contributors, it covers the basics as well as the latest on pension fund governance, operations, and value creation.

Frank J. Fabozzi is a financial consultant, the editor of the Journal of Portfolio Management, and an Adjunct Professor of Finance at Yale University's School of Management

Section I: Investment Policy, Strategies, and Asset Allocation

1

(142)

1. Pension Fund Governance, Operations, and Value Creation

1

(16)

Keith P. Ambachtsheer

2. Investment Policy: The Missing Link

17

(18)

Jeffrey V. Bailey

Appendix: Illustration of an Investment Policy

31

(4)

Michael J. Menssen

3. Organizing Internal Investment Management

35

(10)

Garry M. Allen

T. Daniel Coggin

4. Managing the Asset Mix: Decisions and Consequences

45

(20)

Robert D. Arnott

5. The Evolving Role of the Pension Investment Consultant

65

(12)

Harry S. Marmer

6. Investment Styles, Stock Market Cycles, Investor Expectations, and Pension Fund Performance

77

(16)

W. Scott Bauman

Robert E. Miller

7. Strategic Currency Management for U.S. Pension Funds

93

(12)

Joseph A. Braccia

8. The Role of Completion Funds in Equity Style Management

105

(10)

Christopher J. Campisano

Maarten Nederlof

9. Computer-Aided Pension Investment Decision Making

115

(18)

Ron Surz

10. A Plan Sponsor's Guide To Commissions

133

(10)

Alan D. Biller

Section II: Benchmark Selection

143

(44)

11. Benchmark Portfolios: The Sponsor's View

143

(14)

Daralyn B. Peifer

12. Return-Based Style Analysis

157

(18)

Steve Hardy

13. Equity Style Benchmarks for Fund Analysis

175

(12)

Mary Ida Compton

Section III: Asset/Liability Management

187

(48)

14. Pension Liabilities: The True Objective

187

(12)

Ronald J. Ryan

15. A Practical Approach to Integrating Pension Finance with Corporate Finance

199

(28)

Matthew T. Sloan

16. Measures of Risk for Portfolio Optimization and Asset/Liability Modeling

227

(8)

Thomas K. Philips

Section IV: Manager Selection and Compensation

235

(1)

17. Managing Firmwide Risk for Pension Funds

235

(26)

Langhorne Gibson III

18. Money Manager Selection: A Top-Down Approach

261

(12)

Veena A. Kutler

19. Selecting an International Investment Manager

273

(10)

Margarett H. Gorodess

20. Establishing Performance-Related Termination Thresholds for Investment Management

283

Dennis R. Hammond

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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Pension Fund Investment Management

Summary

Author Biography

Table of Contents

Supplemental Materials

FREE SHIPPING

Rent More, Save More! Use code: BBRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

Pension Fund Investment Management

Summary

Author Biography

Table of Contents

Supplemental Materials

Digital License