07/09/2021

Four Ways Investment Committees Can Be Proactive Post-pandemic

Keep your committee focused and proactive

For the past year and a half, with membership revenues challenged and conferences canceled or scaled back, many associations have had to dramatically change course, fill substantial revenue gaps, and, in some cases, reinvent themselves to stay afloat.

As the economy reopens and investment portfolios rebound, association leaders are surveying the damage and contemplating how to rebuild. What does “the new normal” look like, for specific sectors and for investors more broadly, and how should fiduciaries prepare for the future? Today is an ideal time for association leaders to reflect on the overall investment program—from investment policy statement (IPS) to execution—and set a plan that is more relevant for the future. Below are some considerations to help decision-makers reset.

Start on the Same Page

To determine next steps, you need a shared understanding of the starting place. Have there been any changes on the investment committee, executive team and/or individual charged with staffing this committee? Do any adjustments need to be made to account signatories and/or reporting contacts? For new members, schedule an orientation session that covers roles and responsibilities, including expectations for meeting frequency, preparation, attendance and participation requirements.

Please select this link to read the complete article from ASAE's Center for Association Leadership.