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Education, knowing role is key for investment committees

Note: The positions of CEOs and other executives interviewed for this story may have changed since the initial reporting of this story.  Managing your board and its committees is both art and science, and the "science" part is particularly important with investment committees.A mission-critical task like investing your association's reserves for growth and stability—especially given the volatility and uncertainty of the markets in recent years—should be done with established parameters, training and empirical data.Best practices include bringing together on the committee people with a diversity of backgrounds and viewpoints, and at least some volunteers with knowledge of… Read More