Social security investment management and performance

Course Description: The Course will focus on plan asset allocation and portfolio risk management as well as on governance and fiduciary duties.

Social Security investment bodies may have both fiduciary and management responsibilities. The course will go through the main issues concerning the investment management process, with a central idea: to understand investment management in order to undertake fiduciary duties.

Diversification is the bedrock of modern portfolio theory, but has its flaws as periods of turmoil in markets can bear witness. We will go through these flaws and underline the benefits of hedging and of insurance techniques for short-term capital protection.

Benchmarks are the anchor of investment performance evaluation. The course will go through its basic characteristics but, also, through different benchmark methodologies emphasizing their benefits and disadvantages.

When acknowledged about investment complexity the fiduciary duties of a Social Security Investment Agency become more effective in order to contribute to the sustainability of Social Security Schemes. Course attendees will be (1) guided through the flaws of diversification and through short-term loss control techniques, (2) different benchmark methodologies and (3) will be acknowledged of the spectrum of their fiduciary duties as members or supervisors of a Social Security Investment Agency.

Category:

Education

Tags:

• Social security summer school
• social protection
• ITLIOL
• Turin
• Social security investment