management and valuation policy and procedure consulting; 5. White papers and surveys about investment risk and governance issues; 6. Valuation and risk management training for board members, trustees, consultants, advisors, regulators; and 7. Keynote speeches and presentations.

investors such as foundation and endowment directors and trustees. Visitors can read about issues such as 401(k) fees, hedge fund regulation, FAS 157, investment transparency, measuring leverage, hedge effectiveness, internal controls, financial fraud and so much more.

From the Inside Flap Tighter financial regulations, business scandals, investment losses, shareholder lawsuits, and market volatility have put fiduciaries, and their advisors, in the spotlight like never before. This is especially true for pensions, endowments, and foundations that collectively control trillions of dollars in assets on behalf of beneficiaries. To manage the financial risk, those involved in or affected by endowment, foundation, and pension fund investment decision-making must have a firm understanding of performance assessment basics, derivative instruments, and risk measurement and control techniques. Risk Management for Pensions, Endowments, and Foundations is a nontechnical primer that offers intuitive and straightforward information about risk management for plan sponsors, trustees, board members, regulators, auditors, attorneys, consultants, financial analysts, beneficiaries, fundraisers, journalists, grant-makers, and investor relations specialists. Organized into four comprehensive parts, this book: Provides a corporate governance rationale for risk management education and describes why tax-exempt investors might consider using derivative instruments Examines the basics of risk, futures, options, and swaps, including case studies specific to endowments, foundations, and pensions Addresses the risk management process from start to finish, with special emphasis on its dynamic nature Comments on the operating environment, which is currently changing Filled with examples, checklists, and end-of-chapter summaries, Risk Management for Pensions, Endowments, and Foundations provides clear guidance with regard to derivative instruments, risk management concepts, and special concerns such as valuation and reporting.