The NED has undertaken a wide-ranging consultation with investors and the industry at large on transparency and fund board composition standards over the last two months. It is the biggest project The NED has undertaken in years.

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This is the first research study that The NED has conducted with investors on fund governance in five years. It is therefore the first time that we have surveyed investors on governance in the ESG era. We were interested to see if it had had any effect upon their views. We were also interested to know, after a five-year gap, if there had been any change in their views on any of the topics that we asked them about in 2016.

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