Organizational Alpha
Organizational Alpha is a manual that provides institutional investors with the tools they need to find success in the markets and as organizations. Written by an institutional investor who has spent his entire career working with a wide range of institutional investors, Ben Carlson helps you develop a better decision making framework for your investment programs. Organizational Alpha will also help you understand the alternative investment landscape and appreciate the differences between foundations, endowments, and pensions. The book guides you in understanding the group dynamic at play in the institutional fund world and avoid the crippling mistakes that many institutional investors have been making consistently over the years.
ORGANIZATIONAL ALPHA COVERAGE
Recognize the importance of goals-based investing
Think in terms of process over outcomes
Understand the fiduciary duty and what constitutes a breach of that duty
Know the difference between a governing and managing fiduciary
Define their overachieving investment philosophy
Make sense of the group dynamic at play when making decisions-by-committee
Ensure more continuity in your investment program
Improve their due diligence and decision-making processes
Choose the right consultant or advisor to help oversee their assets
Find additional sources of alpha
Understand the alternative investment landscape
Appreciate the differences between foundations, endowments and pensions
Document their investment process to cut down on unnecessary mistakes
Make decisions that revolve around the goals and mission of the organization
Set realistic expectations with the understanding that the future is always uncertain
ABOUT THE AUTHOR
Ben Carlson is Director of Institutional Asset Management at Ritholtz Wealth Management, a leading investment advisory firm providing financial planning and wealth management services worldwide.
He is known to be one of the four most commonly read financial bloggers by financial professionals.
He has spent his career working with various nonprofit, institutional and high net worth clients to help them plan and invest their money wisely.
He is the author of A Wealth of Common Sense, a blog that focuses on wealth management, investments, financial markets and investor psychology.