On our website we have posted an updated copy
of each of the Investment Policy Checklists (long and abbreviated). Due
to the recent issues surrounding the demise of MF Global and other commodity
firms, we have added a section in both checklists on custodians. As
you are probably aware some investors are still awaiting return of their assets
due to the disappearance of funds. It is important for religious institutes
to be aware of methods to safeguard assets with their custody
arrangements. Many thanks to Peter Landon, Sisters of Providence, for bringing the issue to the attention of the RCRI Investment Policy Task Force. The link to the web page is http://www.trcri.org/members/invest.php.
It is important for religious IFA news institutes to be aware of methods to safeguard assets with their custody arrangements.
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