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John Griswold

The Investment Policy Statement

Posted by Commonfund Institute, John Griswold on Dec 9, 2016

Topic: Governance and Policy | Industry Knowledge | Investment Strategy

Successful investing for long-term funds requires a strategic plan. This is true despite – indeed, because of – the fact that the future is unknowable. The plan must be specific, embodying in concrete terms the best thinking of the board of trustees about the investment pool, its goals and purposes; but it also needs to be sufficiently flexible to guide the board through environments that may be very different from those prevailing at the time of its adoption.

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5 Things to Consider When Choosing an OCIO

Posted by Commonfund Institute, John Griswold on Oct 1, 2015

Topic: Industry Knowledge | Outsourced Investing

There are typically two “essential P’s” to consider when assessing potential OCIO providers — People and Processes. But once that due diligence is completed, and the evaluation process enters the final stretch (that is, the waning pages of an RFP), it comes down to two more Ps that are just as critical: Performance and Price

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Of Apples, Oranges and Onions: Assessing OCIO Performance and Fees

Posted by Commonfund Institute, John Griswold on Aug 17, 2014

Topic: Industry Knowledge | Outsourced Investing

Nearly all CFOs and investment committees consider it. And more than ever are acting upon it: investigating the possibility of an Outsourced CIO (OCIO) to manage their institution’s investments. When assessing potential OCIO providers, institutions typically first cover two “essential Ps”—the providers’ People and Processes.

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Assessing Your Board’s Risk Tolerance

Posted by Commonfund Institute, John Griswold on Jun 2, 2014

Topic: Governance and Policy | Industry Knowledge | Investment Strategy | Risk Management

In the wake of the financial crisis, trustees of many endowed nonprofit institutions realized that their portfolio was riskier than they thought and their own ability to tolerate loss wasn’t as strong as they imagined. What can board and investment committee members do to improve their ability to assess their risk tolerance?

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Strive for the Best: Building and Maintaining an Excellent Board

Posted by Commonfund Institute, John Griswold on May 19, 2014

Topic: Governance and Policy

How well a board functions determines the fortunes of the organization it governs. Mediocre performance may enable an organization to survive, while weak or dysfunctional boards may jeopardize their organization. Achieving excellence in board governance requires success in four crucial areas...

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From SRI to ESG: The Changing World of Responsible Investing

Posted by Commonfund Institute, John Griswold on Sep 19, 2013

Topic: Responsible Investing

Thoughtful investment professionals continue to debate whether a portfolio’s long-term performance can be enhanced by including environmental, social and governance (ESG) considerations in the security selection process, but responsible investing is more than a passing trend. Long-term fiduciaries should educate themselves on the fundamental arguments for and against ESG, and think critically about its meaning for the institutions they serve.

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