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? The Trustee Governance Guide 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. 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: · What is good governance how do we know it when we see
it and why does it matter?· How much knowledge is necessary to be a competent board member? ·
How big should my endowment be? · What are the key elements of a diversified portfolio? · How
much does cost matter? · What's the difference between socially responsible and ESG investing?
· Can I focus on sustainability and still be a good fiduciary? 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.
