Stewardship codes guide best practice
Stewardship codes have an important role in influencing company behaviour, so the PRI is pleased to hear that Australia is the latest country to ask fund managers to abide by a stewardship code.
Stewardship codes have an important role in influencing company behaviour, so the PRI is pleased to hear that Australia is the latest country to ask fund managers to abide by a stewardship code.
Academics at Switzerland’s University of St. Gallen find that governance is positively related to both excess and risk-adjusted net returns but only marginally related to funds’ asset choices.
Gianpiero Petriglieri’s masterclass in modern leadership is just one of many sessions INSEAD’S world-leading faculty will direct at the Fiduciary Investors Symposium in France this April.
The link between better governance and stronger returns lies somewhere between faith and fact; however, in a historically tough climate, the argument for best practice seems overwhelming.
As the world moves to defined contribution structures, many questions remain about its robustness, not the least of which is how defined contribution funds deliver adequacy.
The future of investing is in the creation of new wealth, not recycling claims on old wealth, according to the World Economic Forum’s Global Agenda Council on the Future of Investing.
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