Using Investment Policy Statements as an Investment Tool: It’s an Art, Not a Science (OnDemand Webinar)

$149.00

SKU: 409461EAU

Description

Learn how to read, draft and document investment policy statements.Investment fiduciaries have an obligation to document a prudent investment decisionmaking process, but many individuals and committees struggle with the development, drafting, and documentation of a formal written investment policy statement (IPS). This discussion of the development of the IPS will help investment fiduciaries to adopt a disciplined and repeatable document drafting process. Learn how to draft and review an IPS that will help you to meet your fiduciary obligations, document your investment decisionmaking process, and get all fiduciaries to the entity in alignment with the investment strategy of the entity. This course will outline the disciplined process that you can use to develop a formal IPS. We will identify the main components of an IPS and show you how to draft an IPS tailored to your entity by reviewing examples of each of the eight components of an IPS. Review the best practices for reviewing and updating an IPS to keep it relevant and useful. Learn the art of developing an IPS to be used as a tool to improve your investment decisionmaking process.

Date: 2022-05-24 Start Time: End Time:

Learning Objectives

Introduction
• Why so Much Interest in Investment Policy Statements?

Defining the Investment Policy Statement (IPS)
• What Is an IPS?
• Why Do We Need an IPS?
• Who Needs the IPS?
• When Should an IPS Be Used?
• What Should You Include in Your IPS?

Drafting the IPS
• Who Owns the IPS?
• When Do We Draft the IPS?
• Who Will Draft the IPS?
• How Do We Draft an IPS?
• Where Can We Find Sample IPSs?
• What Are the Most Credible Sources for Sample IPSs?
• Resources

Reviewing the IPS
• Using the IPS to Keep Your Investment Strategy on Plan
• When Do You Review the IPS?
• How Do You Review an IPS?
• Annual Review Process
• New Fiduciary Education

Summary
• Benefits of a Well-Written IPS
• More Efficient Decision-Making
• Building Consensus
• Everyone on the Same Page
• Opportunities for Fiduciary Education

David J. Bromelkamp-Allodium Investment Consultants