As you will soon discover, I have a tendency to use metaphors. I find this is essential when discussing the taboo that is fund governance.
In its broadest sense, it encompasses all activities involving compliance, custody, regulation, risk, ESG, due diligence and investor outcomes. Fund governance goes to the heart of the Financial Conduct Authority's (FCA) 2017 Asset Management Market Study (AMMS) and affords a broad palette to muse upon. Regulation outlook 2020: Liquidity, ESG and reporting in the spotlight In turn, a non-executive director (NED), according to the Institute of Directors, is there to "provide a creative contribution to the board by providing independent oversight and constructive challenge to the ex...
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