Trustees are responsible for the stewardship of assets and forimplementing the mission of their endowment or foundation. Almostinvariably trustees delegate the management of those assets toagents who are investment professionals.
In this increasingly sophisticated and litigious financial worldthere can be a growing gap of comprehension, exacerbated bymathematics and jargon, between trustees who are responsible andagents who are accountable.
This book aims to fill that gap. The book draws on the author'sown experience and research and that of generations of investmentprofessionals and academics to explain the fundamentals ofinvestment strategy.
Key features are therefore:
* Foreword by George Keane (founder and former president ofCommonfund, won the first ever Lifetime Achievement Award fromFoundation & Endowment Money Management) one of the icons ofendowment 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
Chris Russell
Finance & Investments Finanz- u. Anlagewesen Investments & Securities Kapitalanlage Kapitalanlagen u. Wertpapiere