Best Practice Investment Committees

Abstract

Good governance is increasingly recognized as equal in importance to good management for investment success of endowments. But investment committees are “all over the map” in their policies and practices. The opportunity to improve results by adopting Best Practices is large, and because endowed institutions—in education, culture, and healthcare—provide some of our most treasured services, the benefits of adopting Best Practices can be rewarding to committee members and to the institutions they serve. Ellis draws on years of personal experience as a member of a dozen investment committees in Australia, Singapore, New Zealand, Saudi Arabia, and the United States to provide a complete guide to international Best Practices.