PART I Fundamentals |
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1 An Introduction to Pension Plans |
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3 | (6) |
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9 | (6) |
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3 Designing the Best Pension Plan |
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15 | (11) |
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4 The Prudent Pension Fiduciary: A Pragmatic View |
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26 | (15) |
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5 An Overview of Compliance for Pension Plans |
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41 | (8) |
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6 Establishing Pension Investment Policy |
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49 | (10) |
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7 The Asset Allocation Decision |
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59 | (12) |
PART II Defined Benefit Plans |
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8 The Integrated Approach to Managing Defined Benefit Plans |
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71 | (14) |
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9 Asset Allocation for Defined Benefit Plans |
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85 | (27) |
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10 Accounting for Defined Benefit Plans |
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112 | (19) |
PART III Defined Contribution and Hybrid Plans |
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11 Investment Policy and Asset Allocation for Defined Contribution Plans |
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131 | (14) |
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12 Employee Stock Ownership Plans and Company Stock |
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145 | (6) |
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151 | (10) |
PART IV Measuring, Evaluating, and Improving Investment Performance |
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14 Evaluating Investment Performance |
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161 | (19) |
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15 Improving Pension Fund Investment Performance |
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180 | (14) |
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16 Managing Pension Fund Risk |
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194 | (19) |
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17 Risk Management Strategies Using Derivative Securities |
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213 | (24) |
PART V Management Issues: Decisions, Strategies, and People |
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18 Selecting and Managing Asset Managers |
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237 | (11) |
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248 | (8) |
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20 People and the Psychology of Pension Fund Decisions |
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256 | (11) |
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21 The Pension Plan as Shareholder |
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267 | (11) |
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22 The Path to Better Pension Plan Management |
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278 | (11) |
Appendix A A Guide for the Prudent Fiduciary |
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289 | (2) |
Appendix B Global Investing for Pension Funds |
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291 | (5) |
Appendix C Example of a Multiemployer Hybrid Pension Plan |
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296 | (1) |
Appendix D Measuring Returns |
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297 | (8) |
Appendix E Adjusting for Risk |
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305 | (2) |
Appendix F An Example of an Equity Swap Hedge |
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307 | (2) |
Appendix G Manager Selection |
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309 | (6) |
Notes |
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315 | (10) |
Works Cited |
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325 | (12) |
Index |
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337 | |