From this autumn asset managers whose funds meet the criteria will be listed in The NED as being top rated category for fund governance. We believe that those asset managers who have made the effort to put together really competent, well-above average, fund boards deserve recognition, especially as there can be a wide gap between the best and the worst fund boards.

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How much fund governance matters depends on the category that the fund is in and also on the jurisdiction it is domiciled in. Some jurisdictions take fund governance more seriously than others. Those that take it seriously believe that competent boards give credibility to their funds and to their jurisdiction. Others can take a different point of view.

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