About this item
Highlights
- A go-to resource for institutional investors and asset allocators seeking practical advice from a proven leader in the field InThe Climb to Investment Excellence: A Practitioner's Guide to Building Exceptional Portfolios and Teams, celebrated institutional investor and asset allocator Ana Marshall draws on her 36 years' experience in finance and investment to deliver a comprehensive and practical blueprint for a resilient and high-performing institutional portfolio, as well as a reliable roadmap for the management of its stakeholders.
- About the Author: ANA MARSHALL is Chief Investment Officer for the William and Flora Hewlett Foundation.
- 224 Pages
- Business + Money Management, Investments & Securities
Description
About the Book
"Whether you are starting a new investment office, creating an investment strategy for a new client, or the investment office has existed for decades, it is important to ensure the objective of the investment program is clear. Different types of organizations have different priorities and objectives. Almost every organization has conflicting priorities between the staff and investment committee (IC) and board, regardless of whether the organization is a family office, pension fund, endowment, or foundation. There are several areas where the board and IC need to reconcile different priorities to develop a clear and cohesive role of the investment program in funding the needs of the organization in the near and long term"--Book Synopsis
A go-to resource for institutional investors and asset allocators seeking practical advice from a proven leader in the field
InThe Climb to Investment Excellence: A Practitioner's Guide to Building Exceptional Portfolios and Teams, celebrated institutional investor and asset allocator Ana Marshall draws on her 36 years' experience in finance and investment to deliver a comprehensive and practical blueprint for a resilient and high-performing institutional portfolio, as well as a reliable roadmap for the management of its stakeholders.
You'll discover ready-to-deploy strategies and advice that's informed by evidence and tried and tested in the real world, helping you to build and manage your team, construct a portfolio, set your goals, select the right managers, and more.
You'll also find:
- Explorations of three themes that consistently define the careers of successful investors and asset allocators: strategy and planning, trust, and risk management
- The critical factors every investor and allocator should consider before making any sort of impactful decision
- Examinations of the importance of resilience in the face of bad fortune or mistakes
A can't-miss resource for institutional investors and asset allocators, The Climb to Investment Excellence will also benefit board members tasked with overseeing their organizations' investment objectives and performance in a volatile and ever-changing market.
(There is no workbook that goes alongside this book.)
From the Back Cover
Praise for The Climb to Investment Excellence
"In The Climb to Investment Excellence, Ana Marshall provides a comprehensive behind-the-scenes look at modern day endowment management. She offers a unique perspective derived from decades of investment experience combined with the judgment that comes from a skilled practitioner and introspective and wise leader. This is a must-read for every financial market participant."
--Seth A. Klarman, CEO and Portfolio Manager, The Baupost Group
"Ana Marshall is one of the world's leading CIO's. She deeply understands that successful investing is both an art and a science that requires excellence in both intellect and intuition. In this book she expertly passes on the wisdom gained during an exemplary career as the CIO of the Hewlett Foundation."
--Sir Christopher Hohn, CEO and Founder, TCI
"Ana Marshall has written a thought-provoking handbook for investment managers. Required reading for all CIOs."
--Paul Singer, Founder and Co-CEO, Elliott Management
"This book provides a well-constructed recipe for managing large sums of capital, from setting a cohesive strategy, to implementing a well-defined investment program, managing risk, and motivating teams to endure market downturns and excel over the long term."
--Doug Leone, Sequoia Capital
"Investing is all about spending quality time with quality people, and Ana Marshall personifies this principle. Any fiduciary would benefit from the experience and wisdom Ana shares in her book."
--Lei Zhang, Founder and CEO, Hillhouse Capital
"A clear and practical roadmap for the next generation of fiduciaries and investors."
--Marc Andreessen, Co-Founder and General Partner, Andreessen Horowitz
About the Author
ANA MARSHALL is Chief Investment Officer for the William and Flora Hewlett Foundation. She manages a $13 billion investment portfolio and has over 36 years of experience as an institutional investor and allocator. Ana co-teaches a course on asset allocation and portfolio management at Stanford Graduate School of Business. She is a frequent speaker at Milken Institute, a member of the Council on Foreign Relations, and serves on several nonprofit boards.