RT Journal Article
SR Electronic
T1 Examining the Use of Investment Policy Statements
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 10
OP 22
DO 10.3905/jwm.2010.13.2.010
VO 13
IS 2
A1 Steve P. Fraser
A1 William W. Jennings
YR 2010
UL https://pm-research.com/content/13/2/10.abstract
AB Using a sample of Investment Policy Statements from college and university endowments, the authors examine the form and use of these important documents. Direct examination of the IPS reveals subtleties that surveys may obscure. In addition to providing statistical insights into endowment management, the authors extract what they view as best practices from the Investment Policy Statements themselves. This study provides valuable insights for individual and institutional investors and their advisors.TOPICS: Foundations & endowments, legal/regulatory/public policy