In this book, David Davenport covers all aspects of the equity manager search from finding the right names through evaluating the performance of the equity manager after he or she has been hired. As Davenport notes at the outset, the choice of an investment manager for a corporate pension fund can have far-reaching implications for plan performance and is, therefore, one of the most important responsibilities of the pension manager. However, he notes, most pension plan sponsors feel compelled to retain an outside consultant to hire the fund's equity managers, feeling they do not possess...
In this book, David Davenport covers all aspects of the equity manager search from finding the right names through evaluating the performance of th...