03131cam a22004214a 4500 16503013 The World Bank 20260707185230.0 m d cr cn||||||||| 101015s2011 dcua ob 001 0 eng 2010044312 0821384708 (pbk. : alk. paper) 0821384716 (ebook) 9780821384701 9780821384718 (ebook) (The World Bank)ocn670483394 DLC DLC YDX BTCTA YDXCP CDX CUV BWX DLC HD7105.4 .G68 2011 332.67/254 22 168495 139747 Governance and investment of public pension assets: [electronic resource] practitioners' perspectives / editors, Sudhir Rajkumar, 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. 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. Description based on print version record. Financial crises 21st century. 205367 Pension trusts Investments. 66423 Pension trusts. 95149 Dorfman, Mark C. 205368 Rajkumar, Sudhir. 205369 Print Version: 9780821384701 World Bank e-Library. http://elibrary.worldbank.org/content/book/9780821384701 EBK 168495 139747