Active managers have always had a strong focus on governance when it comes to asking questions of management in the companies they are looking to invest.
The rising prominence of environmental, social and governance investing has also amplified questions to company management on corporate governance and responsibility. There is now a great opportunity to apply this rigour to the way the industry operates and reinforce this commitment to the millions of savers that rely on financial service companies to meet their evolving needs. The road ahead UK fund boards are now required to have a minimum of two independent non-executive directors (iNEDs) or 25% on their boards as a the result of the Financial Conduct Authority's (FCA) Asset Manage...
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