New Handbook Reveals How to Make Prudent Investments for Organizations
The handbook provides guidance for investment committee members on making wise investment decisions for their organization. It covers topics like committee organization, risk assessment, asset allocation, selecting investment managers, and evaluating investment funds. The goal is to help committee members understand how to manage investments effectively and prudently. Key findings include the importance of setting clear investment policies, diversifying assets, and monitoring investment performance. The handbook also discusses different types of asset classes, such as liquid and illiquid investments, and the structure of endowment and pension funds.