Track: Pension and Benefits

Best Practices: Managing Investment Managers

Monday, October 20, 2008
1:30 p.m. - 3:00 p.m.
Room: 503

This case study will discuss how one major corporate retirement plan sponsor manages its investment managers, including hiring and firing, performance monitoring, fiduciary oversight, liaison to investment managers, asset allocation and investment policies, and management of investment expenses.

Speakers:

• Mark Thurston
  Head of Global Equity Research
  Russell Investments

Objectives

• Review your manager selection and monitoring process to ensure that it is designed to produce the desired results
• Advise investment committees on processes for manager selection and on-going monitoring
• Determine timetables for monitoring on an on-going basis
• Understand the questions to ask when hiring, firing, and monitoring managers

Pre-Requisites

• Basic understanding of defined benefit and defined contribution plan design
• Understanding of and/or responsibility for retirement plan investments

Take-Aways

• CIEBA Investment Officer?s Guide to Investment Management Agreements
• Interview Process Guide

CPA Field of Study: FIN