Autore	Nunen Anton van <1950->
Pubbl/distr/stampa	Hoboken, N.J., : John Wiley & Sons, c2008
Descrizione fisica	1 online resource (290 p.)
Disciplina	331.25/2068 331.252068
Collana	Wiley finance series
Soggetto topico	Pension trusts - Management
Soggetto genere / forma	Electronic books.
ISBN	1-118-16074-6 1-119-20273-6 1-281-13495-3 9786611134952 0-470-22672-2
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Fiduciary Management; Contents; Foreword; Preface; Chapter 1: The Pendulum Swings Back in Asset Management; Chapter 2: Pension Plans; Chapter 3: The Role of the Fiduciary Manager as Chief Advisor; Chapter 4: Shaping the Fundamental Investment Policies; Chapter 5: Asset-Liability Modeling and the Fiduciary Manager; Chapter 6: Fiduciary Management in Practice-Portfolio Construction; Chapter 7: Horses for Courses-Selecting and Overseeing Investment Managers; Chapter 8: Performance Measurement and Benchmarking; Chapter 9: The Fiduciary Manager Experience in the Netherlands and Beyond Chapter 10: Summing Up Fiduciary Management: What It Is and Is NotAppendix Suppliers of Fiduciary Services; Notes; Bibliography; Index
Record Nr.	UNINA-9910145300103321

Autore	Chen Gang
Edizione	[1st ed.]
Pubbl/distr/stampa	Oxford : , : Taylor & Francis Group, , 2025
Descrizione fisica	1 online resource (227 pages)
Disciplina	331.252068
Altri autori (Persone)	HoangTrang EbdonCarol
Collana	Routledge Public Budgeting and Finance Series
ISBN	9781040358597 9781032671161
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Cover -- Half Title -- Series Page -- Title Page -- Copyright Page -- Dedication -- Contents -- List of Figures -- List of Tables -- Acknowledgments -- 1. Introduction to Public Pension Management -- Introduction -- Overview of retirement income in the United States -- Public pension management -- A logic model - the "black box" of public pension management -- Organization of this book -- References -- 2. A Logic Model Framework for Public Pension Management -- Introduction -- Existing framework and our model -- Goals and outcomes -- Inputs -- Outputs and decisions -- Summary -- References -- 3. Balancing Goals for Public Pension Plans -- Overview -- Sufficiency of pension benefits -- Affordability of pension costs -- Sustainability of pension funding -- Efficiency of asset management -- Good governance of pension plans -- Balancing the goals in pension plans -- Mini case: overview of NYCTRS -- Summary -- References -- 4. How Environment, Stakeholders, and Constraints Shape Public Pension Decisions -- Introduction -- Environment -- Stakeholders -- Constraints -- Summary -- References -- 5. Investment Policies and Strategies for Public Pension Funds -- Introduction -- Investment policy -- Asset classes and allocation strategy -- Investment risk -- Risk management -- Investment performance -- Divestments, ETIs, and ESG investments -- A simulation of pension fund investment -- Summary -- References -- 6. Actuarial Processes and Assumptions in Public Pension Valuations -- Introduction -- The actuarial process: an overview -- A summary of actuarial methods and assumptions used by U.S. public plans -- A simulation of liabilities, assets, and required contributions -- Summary -- Glossary -- References -- 7. Understanding Benefits Designs and Contributions Policies for Public Pension Plans -- Introduction -- Pension benefit decisions. Pension benefit formula -- Eligibility rules for pension benefits -- Adequacy of pension benefits and budget considerations -- Pension contributions -- Summary -- References -- 8. Pathways to Public Pension Reforms -- Current challenges and the path to reform -- Internal factors -- External factors -- Decision-makers and stakeholders -- Legal constraints and the role of the judiciary -- Pension reforms -- Summary -- Mini case - state pension reforms in Illinois -- Mini case - pension reforms at the local level - the case of the City of Omaha Police and Fire Retirement System (COPFRS) -- References -- Appendix A. Frequency of Pension Reforms by Types (2005-2023) -- 9. Defined Contribution, Cash-Balance, and Hybrid Plans in the Public Sector -- Introduction -- Features of DC, cash-balance, and hybrid plans -- Advantages and disadvantages -- Current status of DC plans in the public sector -- Current status of risk-sharing, cash-balance, and hybrid plans in the public sector -- Contingent employee contribution rates -- Contingent cost-of-living adjustments -- Cash-balance plans -- DB-DC hybrid plans -- Challenges in the transition from DB to other plans -- References -- 10. Assessing the Impact and Trade-Offs of Public Pension Reforms -- Introduction -- Sufficiency of pension benefits -- Affordability of pension costs -- Sustainability of pension funding -- Efficiency of asset management -- Good governance of pension plans -- Conclusion -- References -- 11. Key Lessons and Emerging Issues in Public Pension Management -- Introduction -- Key takeaways -- Emerging issues in the post-COVID era -- Looking ahead -- References -- Index.
Record Nr.	UNINA-9911001776203321