Ambachtsheer, Keith P.

Pension revolution : a solution to the pensions crisis / Keith P. Ambachtsheer. - Hoboken, N.J. : Wiley, c2007. - xxxii, 336 p. : ill. ; 24 cm. - The Wiley finance series .

Includes bibliographical references.

Are pension funds 'irrelevant'? -- The pension revolution? Are you a believer yet? -- After the perfect pension storm: what now? -- Beyond portfolio theory: the next frontier -- The United Airlines case: tipping point for U.S. pension system? -- Peter Drucker's pension revolution after 30 years: not over yet -- Winning the pension revolution: why the Dutch are leading the way -- Pension reform: evolution or revolution? -- Can game theory help build better pension plans? -- If DB and DC plans are not the answers, what are the questions? -- Human foibles and agency dysfunction: building pension plans for the real world -- DB plans and bad science -- Peter Drucker's pension legacy: a vision of what could be -- Reinventing pension fund management: easier said than done -- Should (could) you manage your fund like Harvard or Ontario teachers'? -- 'Beauty contest' investing: not dead yet -- Eradicating 'beauty contest' investing: what it will take -- High-performance cultures: impossible dream for pension funds? -- How much is good governance worth? -- The 10 percent equity return illusion: possible consequences -- Stocks for the long run?-- Or not? -- 'Persistent investment regimes' or 'random walk'?: Even Shakespeare knew the answer -- The fuss about policy portfolios: adrift in institutional wonderland -- Shifting the investment paradigm: a progress report -- Whose investment beliefs do you believe? -- Our 60-40 asset mix policy advice in 1987: wise or foolish? -- 'But what does the turtle rest on?': a further exploration of investment beliefs -- Professor Malkiel and the new investment paradigm: raining on the parade? -- The 'post-bubble blues decade': a progress report -- Rethinking funding policy and regulation: how should pension plans be financed? -- Funding policy and investment policy: how should they be integrated in DB pension plans? -- Resurrecting Ranva: adjusting investment returns for risk -- Adjusting investment returns for risk: what's the best way? -- Pension plan organizations: measuring 'competitiveness' -- Measuring DC plans as 'value propositions': the new imperative for plan sponsors -- Measuring pension fund behaviour (1992-2004): what can we learn? -- Whither security analysis? -- Pension funds and investment firms: redefining the relationship -- The new pension fund management paradigm: feedback from financial analysts -- Reconnecting GAAP and common sense: the cases of stock options and pensions -- Is SRI bunk? -- Alpha, beta, bafflegab: investment theory as marketing strategy -- The Turner pensions commission report: a blueprint for global pension reform -- More pension wisdom from Europe: the Geneva Report or pension reform -- PERS and the pension revolution: active participant-- or passive bystander? -- Advice for Alyson Green: how PERS can join the pension revolution -- In conclusion: a call to arms.

0470087234 (cloth) 9780470087237 (cloth)

2006024003

GBA696239 bnb

013601783 Uk


Pension trusts.
Pension trusts--Management.
Pension trusts--Investments.

HD 7105.4 / .A63 2007

HD 7105.4 .A63 2007