Article On Fiduciary Monitoring of Investments

Susan Mangiero (Fiduciary Leadership, LLC), recently published an article entitled, An Economist’s Perspective of Fiduciary Monitoring, BNA Bloomberg Pension & Benefits Daily, May 2015. Provided below is an abstract of the article:

A central thesis of “An Economist’s Perspective of Fiduciary Monitoring of Investments” by Dr. Susan Mangiero is that “ongoing oversight is an exercise in risk management” and that “[r]isk management is a never ending process.” The article emphasizes the importance of (a) examining multiple risk factors and not relying on performance numbers alone (b) understanding the presence of financial leverage (should it exist) (c) clarifying the role of a service provider when an outside party is used and (d) letting participants know about the type of monitoring being done by an investment committee.