What can be done to make both manager and fund boards more diverse – by gender, race, background, experience etc? Institutional investors are gravitating to the funds of managers that embrace board diversity. There is also growing body of evidence that cognitive diversity on boards improves their performance.

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The NED was due to hold a number of physical events this spring and summer to promote and further develop its fund board ratings. We had also intended to launch a traffic light system for independent directors at these events, which was raised back in The NED’s February issue.

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