Keith Ambachtsheer

Non-Academic Positions

Selected Publications - Papers

• The Ambachtsheer Letter: Research and Commentary on Pension Governance, Finance, and Investments

  KPA Advisory Services, 1987- Present

• Critique of the CFA Curriculum: Guest Viewpoint

  Investments and Pensions Europe

  Issue:February

  2018

• The 'Canada Model' for Pension Management

  Keith's research findings were covered in articles in The Financial Times, Investments & Pensions Europe and Funds1000 Magazine

  Issue:August/September

  2017

• The CFA Curriculum

  Keith's views were covered in articles by Funds1000 Magazine and by Pensions&Investments

  Issue:December

  2017

• Time for Innovation in Federal Government-Sponsored Workplace Pension Plans

  C.D. Howe Institute

  Issue:March

  2017

• Revisiting Risk Management

  Investment and Wealth Monitor

  Issue:Sept/Oct

  2016

• How Effective is Pension Fund Governance Today, and Do Pension Funds Invest for the Long Term? Findings from a New Survey

  A special study in support of the Focusing Capital on the Long Term Initiative

  Issue:January

  2015

• How not to ramp up the CPP

  Globe&Mail

  Issue:March 23

  2015

• Making the Ontario Retirement Pension Plan (ORPP) Work

  A special study for the Government of Ontario

  Issue:February

  2015

• Norway's Government Pension Fund Global: How Should it Be Governed?

  An advisory study written at the request of the Norges Bank Governance Review Commission

  Issue:December

  2015

• The Evolving Meaning of 'Fiduciary Duty': Are the Boards of Pension Organizations Keeping Up?

  Journal of Investment Consulting

  Issue:Jul/Aug

  2015

• Revitalizing Pension Investing in Japan: An Assessment of the 2013 Expert Panel Recommendations

  A special study for the Nomura institute for Capital Markets Research

  Issue:January

  2014

• Taking the Dutch Pension System to the Next Level: A View from the Outside

  A special study for the Royal Economics Society of The Netherlands and Netspar

  Issue:September

  2014

• The Case for Long-Termism

  Rotman International Journal of Pension Management

  Issue:Fall

  2014

• Why we need to Change the Conversation about pension Reform

  Financial Analysts Journal

  Issue:Jul/Aug

  2014

• Fixing the Losers' Game: What it will take

  Financial Analysts Journal

  Issue:May/June

  2013

• Risks of a Prolonged Low Interest Rate Environment for the pensions Sector

  with Peter Dungan

  A special study for the Global Risk Institute

  Issue:August

  2013

• Ten Strategies for Pension Funds to Better Serve their Beneficiaries

  Rotman International Journal of Pension Management

  Issue:Fall

  2013

• The Pension System in Finland: Institutional Structure and Governance

  An advisory study written at the request of the Finnish Centre for Pensions

  Issue:January

  2013

• How Should Pension Funds pay their own People?

  Rotman International Journal of Pension Management

  Issue:Spring

  2011

• Pension Reform: How Canada Can Lead the World

  The 2009 Benefactors Lecture- C.D. Howe Institute

  2009

• The Canada Supplementary Pension Plan (CSPP): Towards an Adequate, Affordable Pension Plan for All Canadians

  An invited study for the C.D. Howe Institute

  Issue:No. 265

  2008

• The Pension Governance Deficit: Still with Us

  Rotman International Journal of Pension Management

  Issue:Fall

  2008

• Japan's Government Pension Investment Fund: Should it become a High-Performance organization?

  A special study for the Nomura Institute for capital Markets Research

  Issue:August

  2007

• Why We need a Pension Revolution

  Reprinted Jan/Feb, 2015

  Financial Analysts Journal

  Issue:Jan/Feb

  2007

• Improving Pension Fund Performance

  with Ron Capelle and Tom Scheibelhut

  Financial Analysts Journal

  Issue:Nov/Dec

  1998

• Moving to a 'Fiduciary' CPP Investment Policy: Two Possible Paths

  A special study for the Fed-Prov Working Group on CPP Investment Policy

  1996

• Canada's 20% Foreign Property Rule: Why and How it Should Be Eliminated

  A special study for PIAC and IFIC

  1995

• Pension Fund Asset Allocation: in Defence of a 60/40 Asset Mix

  Financial Analysts Journal

  Issue:Sep/Oct

  1987

• Pension Funds: Rich or Poor?

  with Don Ezra

  Financial Analysts Journal

  Issue:Mar/Apr

  1985

• The 10% Foreign Property Rule: Why (and How) It Should Be Abolished

  A special study for PIAC and ACPM

  1984

• Can Active Management Add Value?

  with Jim Farrell

  Financial Analysts Journal

  Issue:Nov/Dec

  1979

Selected Publications - Books and Chapters

• The Future of Pension Management: Integrating Design, Governance, and Investing- Chinese Translation

  China Development Press

  2017

• The Future of Pension Management: Integrating Design, Governance, and Investing

  John Wiley & Co.

  2016

• Pension Revolution: A Solution for the Pension Crisis

  John Wiley & Co.

  2007

• Beyond Portfolio Theory: The Next Frontier

  A chapter in 'Bold Thinking on Investment Management: The FAJ's 60th Anniversary Anthology'- CFA Institute

  2005

• Effective Pension Design: Perception and Reality

  A chapter in 'Vergezichten', a book published on the occasion of the retirement of Jean Frijns of ABP

  2005

• Pension Fund Excellence: Creating Value for Stakeholders

  with Don Ezra

  John Wiley & Co.

  1998

• In Whose Interest?

  Advisor to the Ontario Task Force on the Investment of Public Sector Pension Funds

  1987

• Pension Funds and the Bottom Line, Managing the Corporate Pension Fund as a Financial Business

  Dow Jones-Irwin

  1985

Honors and Awards