practitioners' perspectives Dorfman, Mark C. Rajkumar, Sudhir. text bibliography dcu Washington, D.C World Bank c2011 2011 monographic eng

electronic resource

xvi, 343 p. : ill. (some col.); 26 cm. 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. 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. editors, Sudhir Rajkumar, Mark C. Dorfman. Includes bibliographical references and index. Financial crises 21st century Pension trusts Investments Pension trusts HD7105.4 .G68 2011 332.67/254 Print Version: 0821384708 (pbk. : alk. paper) 0821384716 (ebook) 9780821384701 9780821384718 (ebook) 2010044312 http://elibrary.worldbank.org/content/book/9780821384701 http://elibrary.worldbank.org/content/book/9780821384701 DLC 101015 20260707185230.0 16503013