Every Investment Policy Statement (IPS) should accomplish the following:
o Evaluate the specific needs of the plan and its participants
o Describe the investment objectives and goals of the plan
o Define the duties and responsibilities of all parties involved
o Provide due diligence criteria for selecting investment options for the plan
o Document investment classes, styles and restrictions on investments authorized
o Establish standards and benchmarks of investment performance for comparison
o Explain the policy and procedures related to the hiring, monitoring and replacement
of investment managers
o Establish guidelines and procedures for monitoring and controlling investment
expenses
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
