Investment Policy Statement
Scramble for returns
July 01, 2013Dividend-paying common stocks and "income generating strategies" are attracting nonprofit executives' attention. And with good reason: The stock market has been volatile and many finance committees have been disappointed with the rates-of-return of their investment portfolios.
Re-visit the IPS
May 01, 2013The primary document governing investment decision making by fiduciaries is the investment policy statement (IPS). The fiduciaries are the board and finance committee members, as well as senior management.
