Hedge fund directors continue to come under pressure to improve oversight and corporate governance at funds. A majority of investors and operational due diligence analysts think directors do not provide true independent oversight of funds while nearly three-quarters believe directors do not serve a useful function, according to a recent survey.
Of those polled, 73% of investors say they do not think directors are “useful”. However, the survey points out that there is a lack of understanding of t
The week on Risk.net, July 14–20, 2017Receive this by email