Managing Pension Plans:: A Comprehensive Guide to Improving Plan Performance by

Description: Managing Pension Plans: by Dennis E. Logue, Jack S. Rader A oomprehensive guide to improving plan performance. Explains everything you need to know for successful management of any pension plan from how pension plans help sponsors manage their workforces to the latest in investment and risk management. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description Pension funds are big business. They are important to employers, employees, governments, and society at large. With the increasing concern over dwindling retirement benefits and the effect on public awareness of recent pension fund crises, managing pension plans has never been more critical--and the pressure on those who are responsible for them has only intensified. Destined to become the classic resource on pension plan management, Managing Pension Plansexplains everything you need to know for successful management of any pension plan--from how pension plans help sponsors manage their workforces to the latest in investment and risk management. With concise andpractical guidance on ways for achieving optimal finance performance, Managing Pensions Plans is an indispensable resource for pension fund trustees, boards of directors, managers, and administrators of both public and private pension plans as well as for the money management firms, consultants, actuaries, and accountants who serve the pension fund industry. Logue and Rader, two of the worlds leading experts on the subject, explain all the financial, legal, economic, accounting, andmanagerial issues that those who make pension fund decisions must juggle--in language that non-financial managers can understand, yet with sufficient depth to be useful to financial managers as well. The authorssynthesize the latest in capital market and financial economics research to help those involved in pension management improve their decision-making in all the critical areas, including: choosing the optimal form of pension plan, formulating and implementing the plans investment strategy, selecting and monitoring pension plan managers, measuring the plans performance, and managing financial risk. In addition, the book describes in detail the responsibilities of fiduciaries, revealing how to beboth a prudent fiduciary and a capable decision maker. Additionally, Managing Pension Plans offers candid advice on how pension managers can improve fund performance by being more effectiveshareholders. As pension fund management and performance increasingly affect the success of organizations as a whole, this book will be indispensable to anyone--from fund analysts to board members--who influences pension fund decisions. Author Biography Logue is the Steven Roth Professor of Management at the Amos Tuck School of Business Administration at Dartmouth College. Table of Contents Introduction: The Context of Pension Plan Management1: Why Have Pension Plans at All?2: Choosing the Best Pension Plan3: The Prudent Pension Fiduciary: A Pragmatic View4: Establishing Pension Investment Policy5: The Asset Allocation Decision6: Setting the Strategic Asset Allocation7: Measuring the Investment Performance of Pension Funds8: Improving Pension Fund Investment Performance9: Managing Pension Fund Risk10: Risk Management Strategies Using Derivative Securities11: Managing Managers and the Costs of Investing12: Decision Making and Accounting for Pensions13: The Pension Plan as Shareholder14: The Path to Better Pension Plan ManagementAppendix A: Employee Stock Ownership PlansAppendix B: An Example of a Multi-Employer Hybrid Pension PlanAppendix C: Global Investing for Pension FundsAppendix D: Measuring ReturnsAppendix E: Adjusting for RiskAppendix F: Example of an Equity Swap HedgeAppendix G: Manager SelectionAppendix H: Issues for Corporations with Multinational Pension ObligationsAppendix I: A Guide for the Prudent FiduciaryGlossary of Pension and Related TermsReferencesIndexAbout the Authors Review "Managing Pension Plans is superb! Logue and Rader have created a coherent and readable work on an important and complex topic. As pension funds become critical for insuring financial security for millions of retirees, Logue and Rader fill a tremendous need by providing a credible and comprehensive guide for financial and nonfinancial professionals, business students, and fund trustees."--Charles M. Elson, Professor, Stetson University College of Law"What a book! Logue and Raders Managing Pension Plans is a definitive study of decision making around pension funds. Clear, accurate, and thoughtful, the book provides both scholar and practitioner with the history, development, landscape, and nuances of todays pension fund industry. A thorough and impressive work that no pension fiduciary or institutional investor should be without."--Sue Toigo, Chairman, Institute for Fiduciary Education (IFE)"Managing Pension Plans is essential for anyone who wants to know about pension fund management. Logue and Rader have distilled an complex subject into a comprehensible work. Their excellent book fills a void, providing an accessible, yet complete guide for finance professionals, students, and anyone involved in the pension plan decision."--John D. Finnerty, Partner, Cooper & Lybrand L.L.P., and Professor of Finance, Fordham University"Managing Pension Plans is superb! Logue and Rader have created a coherent and readable work on an important and complex topic. As pension funds become critical for insuring financial security for millions of retirees, Logue and Rader fill a tremendous need by providing a credible and comprehensive guide for financial and nonfinancial professionals, business students, and fund trustees."--Charles M. Elson, Professor, Stetson University College of Law"What a book! Logue and Raders Managing Pension Plans is a definitive study of decision making around pension funds. Clear, accurate, and thoughtful, the book provides both scholar and practitioner with the history, development, landscape, and nuances of todays pension fund industry. A thorough and impressive work that no pension fiduciary or institutional investor should be without."--Sue Toigo, Chairman, Institute for Fiduciary Education (IFE)"Managing Pension Plans is essential for anyone who wants to know about pension fund management. Logue and Rader have distilled an complex subject into a comprehensible work. Their excellent book fills a void, providing an accessible, yet complete guide for finance professionals, students, and anyone involved in the pension plan decision."--John D. Finnerty, Partner, Cooper & Lybrand L.L.P., and Professor of Finance, Fordham University Long Description Pension funds are big business. They are important to employers, employees, governments, and society at large. With the increasing concern over dwindling retirement benefits and the effect on public awareness of recent pension fund crises, managing pension plans has never been more critical--and the pressure on those who are responsible for them has only intensified. Destined to become the classic resource on pension plan management, Managing Pension Plansexplains everything you need to know for successful management of any pension plan--from how pension plans help sponsors manage their workforces to the latest in investment and risk management. With concise and practical guidance on ways for achieving optimal finance performance, Managing Pensions Plans is anindispensable resource for pension fund trustees, boards of directors, managers, and administrators of both public and private pension plans as well as for the money management firms, consultants, actuaries, and accountants who serve the pension fund industry. Logue and Rader, two of the worlds leading experts on the subject, explain all the financial, legal, economic, accounting, and managerial issues that those who make pension fund decisions must juggle--in language that non-financialmanagers can understand, yet with sufficient depth to be useful to financial managers as well. The authors synthesize the latest in capital market and financial economics research to help those involved in pension management improve their decision-making in all the critical areas, including: choosing theoptimal form of pension plan, formulating and implementing the plans investment strategy, selecting and monitoring pension plan managers, measuring the plans performance, and managing financial risk. In addition, the book describes in detail the responsibilities of fiduciaries, revealing how to be both a prudent fiduciary and a capable decision maker. Additionally, Managing Pension Plans offers candid advice on how pension managers can improve fund performance by being more effectiveshareholders. As pension fund management and performance increasingly affect the success of organizations as a whole, this book will be indispensable to anyone--from fund analysts to board members--who influences pension fund decisions. Review Text "Managing Pension Plans is superb! Logue and Rader have created a coherent and readable work on an important and complex topic. As pension funds become critical for insuring financial security for millions of retirees, Logue and Rader fill a tremendous need by providing a credible and comprehensive guide for financial and nonfinancial professionals, business students, and fund trustees."--Charles M. Elson, Professor, Stetson University College of Law"What a book! Logue and Raders Managing Pension Plans is a definitive study of decision making around pension funds. Clear, accurate, and thoughtful, the book provides both scholar and practitioner with the history, development, landscape, and nuances of todays pension fund industry. A thorough and impressive work that no pension fiduciary or institutional investor should be without."--Sue Toigo, Chairman, Institute for Fiduciary Education (IFE)"Managing Pension Plans is essential for anyone who wants to know about pension fund management. Logue and Rader have distilled an complex subject into a comprehensible work. Their excellent book fills a void, providing an accessible, yet complete guide for finance professionals, students, and anyone involved in the pension plan decision."--John D. Finnerty, Partner, Cooper & Lybrand L.L.P., and Professor of Finance, Fordham University"Managing Pension Plans is superb! Logue and Rader have created a coherent and readable work on an important and complex topic. As pension funds become critical for insuring financial security for millions of retirees, Logue and Rader fill a tremendous need by providing a credible and comprehensive guide for financial and nonfinancial professionals, business students, and fund trustees."--Charles M. Elson, Professor, Stetson University College of Law"What a book! Logue and Raders Managing Pension Plans is a definitive study of decision making around pension funds. Clear, accurate, and thoughtful, the book provides both scholar and practitioner with the history, development, landscape, and nuances of todays pension fund industry. A thorough and impressive work that no pension fiduciary or institutional investor should be without."--Sue Toigo, Chairman, Institute for Fiduciary Education (IFE)"Managing Pension Plans is essential for anyone who wants to know about pension fund management. Logue and Rader have distilled an complex subject into a comprehensible work. Their excellent book fills a void, providing an accessible, yet complete guide for finance professionals, students, and anyone involved in the pension plan decision."--John D. Finnerty, Partner, Cooper & Lybrand L.L.P., and Professor of Finance, Fordham University Review Quote "What a book! Logue and Raders Managing Pension Plans is a definitive study of decision making around pension funds. Clear, accurate, and thoughtful, the book provides both scholar and practitioner with the history, development, landscape, and nuances of todays pension fund industry. Athorough and impressive work that no pension fiduciary or institutional investor should be without."--Sue Toigo, Chairman, Institute for Fiduciary Education (IFE) Details ISBN0875847919 Author Jack S. Rader Pages 409 Series Financial Management Association Survey and Synthesis Language English ISBN-10 0875847919 ISBN-13 9780875847917 Media Book Format Hardcover Year 1997 Subtitle A Comprehensive Guide to Improving Plan Performance Country of Publication United States Short Title MANAGING PENSION PLANS Place of Publication New York Residence NH, US Illustrations black & white illustrations Imprint Oxford University Press Inc UK Release Date 1997-10-14 AU Release Date 1997-10-14 NZ Release Date 1997-10-14 US Release Date 1997-10-14 Edited by James J. Fawcett Birth 1938 Death 1851 Affiliation Former Professor of International Commerical Law, University of Nottingham Position Former Professor of International Commerical Law Qualifications PhD Publisher Oxford University Press Inc Publication Date 1997-10-14 DEWEY 658.3253 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:53302972;

Price: 128.24 AUD

Location: Melbourne

End Time: 2024-12-09T03:03:24.000Z

Shipping Cost: 13.31 AUD