Best Practices for Investment Committees

For most people, sitting on an investment committee or board is not a full-time job. Committee members also bring various levels of investment expertise to the table. Larger organizations tend to engage consultants to assist with decisions, while other organizations may not have that ability. Regardless, investment committees of all sorts are faced with similar considerations when it comes to their fiduciary responsibility and how it guides their process for investment policy statement decisions, asset allocations, manager selections and quarterly reviews.

In this whitepaper, we’ve illustrated the four-step best practices methodology that we’re seeing successful investment committees use to address these considerations. Our hope is to help investment committee members understand the questions they need to ask of themselves, their consultants and their existing or potential managers – and how to get the answers.