By coincidence the start of this new decade is also the beginning of what we hope will be the NED’s second centenary of issues. Considerable change is expected to occur, by almost everyone, in fund governance over the coming years. By 2030 fund governance may look very different from today or the decades before.

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Just 8% of Luxembourg’s AIFM directors are women. The NED has analysed fund board composition data from Cayman, Guernsey, Ireland, and Jersey and for gender diversity. Given the relative difficulty of getting information on the directors of Luxembourg funds we decided to use the more reliable and comprehensive data available on directors of AIFMs instead.

A total of 1,733 funds and AIFMs were looked at for this purpose. The results are...

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