Abstract
As we have discussed, good governance exists when the board and investment committee are allowed to focus on issues that impact the long-term objectives of the fund, rather than being responsible for investment decisions. Part of good governance is simply acknowledging the fact that managing investable assets is a full-time job, and not some collateral duty for the investment committee, the board, or the CFO.
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© 2015 Michael Bunn
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Bunn, M., Campbell, Z. (2015). Outsourcing Investment Decision Making. In: Winning the Institutional Investing Race. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-0832-8_7
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DOI: https://doi.org/10.1007/978-1-4842-0832-8_7
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Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4842-0833-5
Online ISBN: 978-1-4842-0832-8
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