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

How many top100 sustainable companies do you invest in?

The most sustainable 100 companies in the world, as measured by Corporate Knights, outperformed the MSCI by 12.4 per cent since the list’s inception in February 2005, it was announced at Davos last week. From February 1, 2005, to December 31, 2011, the “Global 100 Most Sustainable Corporations” list has achieved a total return of

Real economy the focus of bankers at Davos

A strong financial services sector is an integral part of solving the world’s “real challenges” of unemployment, poverty and global imbalances Josef Ackermann, chief executive of Deutsche Bank and chair of the financial services governor’s group at the World Economic Forum, says. Speaking at the 2102 annual meeting in Davos last week, Ackermann, says “we

Do you get what you pay for?

A pay-for-performance measure of chief investment officers in the US has revealed paying more for an executive does not translate to better performance. Developed by executive recruitment firm, Charles Skorina & Company, the index is calculated by assessing an institution’s investment returns over the past five years, and measuring it against the salary of the

How to tackle pay structures

The remuneration of pension fund investment executives is a sticking point in the industry. To compete with the open market, attract and retain a certain calibre of executive, and compensate them for the peculiarities of being a fiduciary, there is a certain minimum required. At the same time this has to be balanced with communication

Investors collaborate on governance guide

A practical guide to good governance for pension board trustees was one of the results of the Rotman ICPM Board Effectiveness Program which included participants from 21 funds from nine countries.

Can stability bonds save the eurozone?

A majority of investors believe “stability bonds” could provide a partial solution to the euro zone sovereign debt crisis, but are concerned that these bonds carry a high moral-hazard risk, a CFA institute poll reveals. The poll found 55 per cent of European investment professionals believe that the common issuance of stability bonds can help

Previous