Susan Mangiero, of Fiduciary Leadership, LLC, has made available for download her article, “An Economist’s Perspective of Fiduciary Monitoring of Investments,” published in BNA Bloomberg Pension & Benefits Daily, May 2015.  The Abstract is as follows:

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.

Download full article at: An Economist’s Perspective of Fiduciary Monitoring of Investments by Susan Mangiero :: SSRN

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.