全球智库信息集成服务系统(G2TT): Chapter 18: Uncertain times, plural rationalities and the pension fiduciary.

G2TT

来源类型	Book Section
DOI	10.1017/CBO9781139565516.022
	Chapter 18: Uncertain times, plural rationalities and the pension fiduciary.
	Huang L; Ingram D; Terry T; Thompson M; Hawley, JP; Hoepner, AGF; Johnson, KL; Sandberg, J; Waitzer, EJ
发表日期	2014
出处	Cambridge Handbook of Institutional Investment and Fiduciary Duty. Eds. Hawley, JP , Hoepner, AGF , Johnson, KL , Sandberg, J & Waitzer, EJ , New York: Cambridge University Press. DOI: 10.1017/CBO9781139565516.022 .
出版年	2014
语种	英语
摘要	Modern portfolio theory is no longer quite the safe harbor for fiduciaries making investment decisions that it once was (Hawley et al. 2011). One reason for this is the prolonged uncertainty in the financial markets that was mentioned by chairman Bernanke in 2010 and which still seems to be with us two years (at the time of writing) down the line. In such an environment, the pension fiduciary faces both the external pressures stemming from a prolonged uncertain investment outlook, and the internal pressures stemming from employers and participants reacting to economic uncertainty and voicing their concerns related to the investment of pension assets. Fiduciaries have a duty to balance the interests of their different participant groups, and understanding the perspectives of those beneficiaries is critical to successful implementation of fiduciary obligations (Hawley et al. 2011; Berry and Scanlan 2014). From a practical perspective, unrecognized stakeholder expectations can pose risks to follow-through on implementation of investment strategies.
主题	Risk and Vulnerability (RAV)
URL	http://pure.iiasa.ac.at/id/eprint/11071/
来源智库	International Institute for Applied Systems Analysis (Austria)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/134318
推荐引用方式 GB/T 7714	Huang L,Ingram D,Terry T,et al. Chapter 18: Uncertain times, plural rationalities and the pension fiduciary.. 2014.