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Flashcards in Overview of Asset Allocation Deck (2)
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1
Q

Investment Governance

A
  • structure that is expected to ensure that assets are invested to achieve asset owner’s investment objectives within risk tolerances and constraints (and in compliance with all applicable laws and regulations)
2
Q

Three Level of Governance Structure

A

a) Governing Investment Committee - BoD members or staff
b) Investment staff - large or small in house staff
c) Third-party resources - investment managers, consultants, custodial, actuaries