Innovest’s consultants have had the opportunity in the last 20 years to observe the activities of scores of investment committees, from those overseeing hundreds of millions in assets to those entrusted with much more modest resources. In addition, a number of Innovest’s professionals volunteer on investment committees. Based on our experiences, the following items are tips for effective committees. Click here to read more.
Source: Innovest Portfolio Solutions
In 2007 then-chairman of Vanguard, John Brennan, addressed a national conference for institutional investors on seven critical questions that should be addressed by investment committees. The commentary adapted from his remarks should be required reading for all committee members. Click here for the article.
Catherine Gordon, head of Vanguard Institutional Advisory Services, recently addressed several questions about effective investment committees, including:
- What's the best way to keep an investment committee focused on the long term?
- When should underperforming managers be replaced?
- What are the risks in signing a fiduciary acknowledgement letter?
Click here for Gordon's insights.