"Focus on Pension Investments".

• Author: Greifer, Nicholas

Employee Benefit Plan Review, August 1999, pp. 14-19.

This article examines the important decisions pension administrators must make while overseeing pension investments. For example, many pension systems in the private and public sectors use consultants who assist in-house staff in monitoring investment managers. As part of the oversight, they make site visits to investment managers' shops to learn how they select investments and review compliance with formal investment policies. They also help formulate strategy, policy, and asset allocation decisions. In addition, the article reviews criteria for removing a mutual...