Summary and key messages
Key principles of governance and investment management
Governance of public pension assets
Governance structures and accountabilities
Qualification, selection, and operation of governing bodies
Operational policies and procedures
Managing fiscal pressures in defined-benefit schemes
Policy responses to turbulent financial markets
Investment of public pension assets
Defining the investment policy framework for public pension funds
Managing risk for different cohorts in defined contribution schemes
An asset-liability approach to strategic asset allocation for pension funds
In-house investment versus outsourcing to external investment managers
International investments and managing the resulting currency risk
Alternative asset classes and new investment themes.