The Roles and Responsibilities of Investment Committees …
investment fails because of fraud, malfeasance or inadequate due diligence, the committee should insist on a review describing the lessons learned and implementation of the steps to prevent a repetition of the problem. In smaller organizations without in-house investment staff, a committee must assess
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The Roles and Responsibilities of Investment Committees of ...
www.macfound.orgThe role and authority of the investment committee should be clearly spelled out in a committee charter or an investment policy statement approved by the board of directors. These governance documents should be periodically reviewed.
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