Title

Defeating Short-Termism: Why Pension Funds Must Lead

Document Type

Article

Publication Date

2009

Source Publication

Rotman International Journal of Pension Management. Volume 2, Issue 2 (2009), p. 4-9

Keywords

Accountability Issues; Fund Managers; governance; Pension Fund; Trustees

Abstract

Among the lessons from the recent market crisis is the interconnected nature of the challenges we face, and that we can no longer afford myopic responses. This reality has material implications for pension fund trustees and managers. The time has come for them to lead rather than be dragged along. This article proposes a number of steps that can be taken to better align incentives and frame decision-making for longer-term perspectives.

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Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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