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Hedge fund directors lack credibility, says survey

Hedge fund directors have come in for criticism from investors and operational due diligence officials for a lack of scrutiny of the funds they represent. Many say directorships should be capped at 15

magnified-and-examined
Investors taking closer look at hedge fund directors

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

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