Investments
Objectives of the investment program are established by determining the appropriate level of risk to assume in capital markets within the context of the Plan funding model.
Investing in capital markets involves decision-making under uncertainty. To manage the risks of seeking returns in the financial marketplace, PSPP has adopted an industry best practice investment decision framework highlighted by the visiting and revisiting of key decisions.
Key elements of the framework include the asset mix decision, development of broad investment policy, and oversight to the implementation of the investment program.
Portfolio construction involves building an investment portfolio that is in line with established objectives and risk tolerances.