Who Does What: Public Investment Professionals
Governments engage with many different external service providers who all play a role in managing their investment program. These providers include investment advisers, broker-dealers, as well as custodians or safekeeping agents. This session will review GFOA’s best practices and resources on selecting and managing these external investment professionals.
After this session, you will know the right questions to ask to determine the investment professionals your organization needs to support its investment program.
Learning Objectives
Describe the roles and responsibilities of different external investment professionals.
Determine what types of professionals are right for your investment program.
Discuss the importance of custodians and safekeeping.
Develop an RFI or RFP for investment advisers, broker-dealers, and custodian/safekeeping services.
Develop procedures to effectively manage professionals that are part of your investment team.