Development of a Performance Measurement and Management System for a Master Fund

The concept of a Master-KAG (Master fund) to manage pensions off-balance within one German company.

Pension management is an important issue for many companies in Germany, especially since the majority of corporate pension schemes were underfunded. Specifically, the study looks at the impact on financial KPIs and different accounting standards. In other countries like the United States of America or the United Kingdom corporate pension schemes in the form of external funding as well as developed and partly regulated; in Germany the Master-KAG or Contractual Trust Agreement is still in development phase. This master thesis (MBA) reviews the state of master funds and contractual trust agreements within one anonymous case study, provides recommendations and advice to the management. It will provide concepts, KPIs and financial metrics as well as presents a survey of DAX companies in regard to pension's management in Germany.

Autorentext
Dr. Martin Kotula promovierte im Rahmen eines Executive Doctorate Programms in Business Administration an der Aston University Birmingham (2013). Sein Schwerpunkt lag insbesondere im Bereich des Risikomanagements im strategischen Einkauf. Zuvor absolvierte er den Studiengang Master of Business Administration mit dem Schwerpunkt Financial Management an der University of Bradford sowie der Nimbas Universiteit. Sein Managementprojekt in Finance umfasste das Management und Performanzmessung eines Pensionsfonds im Rahmen einer Master-KAG. Herr Kotula verfügt über eine langjährige Einkaufs- und Beratungserfahrung im strategischen und operativen Einkauf.