Rotman school launches governance program…

Enhancing board effectiveness and governance of pension funds and other “long-horizon investment institutions” is the focus of a new program at the University of Toronto’s Rotman School of Management.

Aimed at trustees, the program – Board Effectiveness Program for Pension and Other Long-Horizon

Investment Institutions – will cover organisation mission, the roles of board and management, investment beliefs, the management of risk, organisation design, and human resource management including compensation.

Keith Ambachtsheer, director of Rotman International Centre for Pension Management and academic director of the new program, says it is not surprising the governance and management of these funds has become more complex as they have grown into investment giants.

“There is evidence suggesting many governing boards and managements are stuggling to keep up with the implications of this growing complexity. The program will provide the tools needed for directors to address key strategic issues of their organisations including providing an opportunity to build an international network for dialogue among themselves.”

Details of the program, which will begin in November, can be found here

Sponsored Content

Leave a Comment

Sort content by

The changing nature of fixed income

As the fixed income asset class undergoes rapid change and the opportunity set expands, unconstrained bond funds have become popular. But as this article examines, with that expanded opportunity set comes new considerations including a wider risk/return spectrum among managers.   Trends in the global investment universe tend to come around every six months or

McKinsey’s tips on sustainability integration

More companies are recognising sustainability as a core business issue, but according to McKinsey and Company they are still failing to capture its full value, in particular struggling with incorporating it into organisational processes such as performance management. A McKinsey global survey, garnering responses from 3,344 executives from the full range of regions, company size

Long term investing and infrastructure

There has been some ambiguity about what being a long-term investor means. For Australia’s Future Fund it means focusing on a few key aspects of our investments: understanding value, the ability to make and implement portfolio decisions and manager alignment. In this speech at the ASFA Global Investment Forum on infrastructure and long-term investment, Raphael

Where does the next generation of fund managers come from?

According to Malcolm Gladwell’s Outliers, at least 10,000 hours of practice is needed to be a success at your chosen profession. This means that a fund manager will hit their strides around age 40. But the London Business School is giving its students a leg up in that quest to find success. They have real-life

The meaning of fiduciary duty

The UK Law Commission has delivered its final report on how the law of fiduciary duties applies to investment intermediaries and an evaluation of whether the law works in the interests of the ultimate beneficiaries. The project was commissioned by the Department for Business, Innovation and Skills (BIS) and the Department for Work and Pensions

New leadership prompts strategy review at ICPM

A decade since the formation of the Rotman International Centre for Pension Management is a good time to review the organisation’s raison d’etre. Amanda White spoke to ICPM chair, Barbara Zvan, chief investment risk officer of Ontario Teachers’ Pension Plan, and the outgoing and incoming executive directors, Keith Ambachtsheer and Rob Bauer.   “There is

Previous