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

Who pays for climate fund still up in the air

The formal approval of the Green Climate Fund (GCF) was a critical outcome of the UN climate change conference in Durban, according to Deutsche Bank Climate Change Advisors, but the lack of funding for the GCF remains a concern.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Investment risks rank highest for CalPERS

Investment controls and systems remain the highest risk at CalPERS according to its year-end enterprise risk dashboard.

Macro risks remain dominant: Cambridge

Macro-economic risks remain the biggest investment concern this year, while certain distressed assets will present the best opportunities, according to managing director of Cambridge Associates, Sandra Urie. “The dislocation in European markets has already created investment opportunities across different credit markets, and we believe these may expand as the pace of European bank deleveraging accelerates,”

2011 global and industry highlights

Republican congress woman Gabrielle Giffords was among 17 shot in an assassination attempt, six killed. The Dow Jones Industrial Average broke through 12,000, the first time the index was above this mark since 2008. The index had its best January performance since 1997. Investors’ appetite for corporate bonds continued unabated with banks and companies borrowing

The year that was, a CIO’s perspective

The downgrade of the US took the entire industry by surprise, in a year that confirmed the complexity and unpredictability of markets, CalSTRS chief investment officer, Christopher Ailman, says.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Hermes downbeat on 2012 outlook

There isn’t a lot of Christmas cheer when it comes to economic forecasts at Hermes, with the fund manager’s chief economist Neil Williams predicting the current gloom besetting the world economy will not lift in 2012, and may even get worse.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

Previous