A revolution ahead?

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.

ESG is going to play a big part in both the governance practices of asset managers as well as in their board composition and that of their funds. We also would also expect that there will be much greater levels of transparency in governance practices, including at private funds that are domiciled in offshore jurisdictions. With improvements in transparency we are also likely to see more professional standards, especially in the selection of fund directors.

To read more on this story see the January issue of The NED.