The Trustee Governance Guide The Five Imperatives of 21st Century Investing

<p></p><p> </p><p>More than 80% of the financial assets in the United States fall under the purview of a trustee. That''s a big responsibility for an estimated 1% (around 1.5 million people) of the U.S. working population charged with overseeing investments for millions and millions of beneficiaries, public sector, and non-profit organizations. In a world proliferated by investment products, increasingly dominated by indexes, faced—particularly in the pension world—with increasing liabilities, more regulation, and a growing number of social and sustainability objectives, what''s a trustee to do?</p><p><i>The Trustee Governance Guide </i>is here to help guide today’s board trustee through the brave new world of 21st century investing. The book focuses on the critical aspects of the Five Imperatives: Governance, Knowledge, Diversification, Discipline, and Impact. </p>Based on more than a decade of research, practice, and discussions with many key decision makers and influencers across the industry, this book addresses the many topics related to better governance, greater mission-driven financial performance, and impact. The questions the book addresses include: <p></p><p>·         What is good governance, how do we know it when we see it, and why does it matter?</p>·         How much knowledge is necessary to be a competent board member?<p></p><p>·         How big should my endowment be?</p><p>·         What are the key elements of a diversified portfolio?</p><p>·         How much does cost matter?</p><p>·         What''s the difference between socially responsible and ESG investing?</p><p>·         Can I focus on sustainability and still be a good fiduciary?</p><p> This book provides a way for boards to improve and benchmark their own governance performance alongside their peers, and uniquely covers related investment topics in each chapter.<br></p><b></b> <p></p>