放弃
发表于 2025-3-25 07:00:03
The Governance Documentking is that if it is good enough for them, it must be good enough for us. Trying to fit your organization into someone else’s iron frame is a big mistake, and can make all the difference between success and failure. This document is uniquely yours, your governance, your goals, your risks, and your
faction
发表于 2025-3-25 07:52:16
Outsourcing Investment Decision Makinges of the fund, rather than being responsible for investment decisions. Part of good governance is simply acknowledging the fact that managing investable assets is a full-time job, and not some collateral duty for the investment committee, the board, or the CFO.
微生物
发表于 2025-3-25 11:39:06
How Gatekeepers Harm Information Flows to governance, we find a particular mindset creeping in, that of the Gatekeeper. This always includes (or at least so often that we . it’s always) the consultant, but can include the CFO or whoever is the responsible party at the fund. While it makes sense to have a filter that reduces the workloa
Rct393
发表于 2025-3-25 15:56:50
http://reply.papertrans.cn/103/10289/1028862/1028862_24.png
Functional
发表于 2025-3-25 22:17:25
The Right Way to View Asset Allocations did not say so nor did its authors. This was a misunderstanding of the work and was pushed by index fund sellers and asset allocation study providers. Among the flaws of the study: many of the universities in the study used the same managers, and when the managers in an asset class were of differe
雪崩
发表于 2025-3-26 01:26:33
What Diversification Really Means and diversification removes risk, but both only to a point. So which is it that you need, a more concentrated or a more diversified portfolio? This is a question without an answer. There is no science to balancing these two—just art. As we will see in the chapter on allocation process, we can deter
COW
发表于 2025-3-26 06:04:52
Book 2015 and not enough return. Yet managing these investments and creating and implementing governance structures are seldom an integral part of the organization’s core mission or its operations. "That’s the way it has always been," say many directors and executives. As a result, a board of directors or in
incite
发表于 2025-3-26 11:34:12
What Diversification Really Meansight (good) side of the return distribution, but when is enough .? The easy answer is that it depends. Certainly once a new investment stops subtracting risk or adding return, you have reached enough. Before that point however, it will only be your sense that your efforts toward risk and return have balanced one another.
Motilin
发表于 2025-3-26 15:23:32
http://reply.papertrans.cn/103/10289/1028862/1028862_29.png
制定
发表于 2025-3-26 19:14:31
http://reply.papertrans.cn/103/10289/1028862/1028862_30.png