Pension funds can bring stability to financial markets, argues industry expert and best-selling author Keith P. Ambachtsheer. Pension funds invest for the long term – today’s 30-year-old workers will collect their pension checks decades from now. However, pension funds must become more responsive to individual members’ unique needs. These funds should solidify their corporate cultures and investment strategies. While instructive, this guide to pension funds lacks sharp editing – Ambachtsheer’s chapters repeat some information and the writing can be dull. Such style issues not withstanding, getAbstract recommends this useful, in-depth look at a significant topic to managers, investors and policy makers seeking insights into a powerful force in financial markets.
In this summary, you will learn
- What future challenges pension funds face,
- How some funds change with the times and
- How pension managers can handle new trends in long-term investing.
About the Author
Keith P. Ambachtsheer, founder of KPA Advisory Services Ltd. and the author of three bestsellers, helped create the Rotman International Centre for Pension Management at the University of Toronto.