Pension Investment Association of Canada

Location Date: 
July, 2009

Summer 2009 Newsletter

The financial crisis has proven again old lessons. When hiring any type of investment manager, plan sponsors must subjectively link investments, business and operational risks by judging the ability and temperament of the manager. Specifically, fee structures drive the economics and incentives of the manager and therefore should be examined thoroughly. This is especially true of hedge funds. Ongoing due diligence is critical and should take two main forms. Click here for full story...