Bailey outlines best practice options approval processes

Investment managers and other market participants should drop the financial jargon when dealing with pension, foundation and endowment boards and understand the full distribution beyond mean and standard deviation when pitching option-based investment programmes, according to Ryan Bailey, former investment officer and interim chief investment officer at Meadows Foundation. He gave his outline for best practices for firms dealing with allocators on the pension, foundation and endowment use of options panel. Rob McGlinchey reports.