NORWAY - Norges Bank, the manager of the e114bn Government Petroleum Fund, has laid down revised corporate governance principles for the fund and has also stated expectations for companies in which it invests.
The bank said the principles were based on the overriding guidelines for exercising ownership rights in the Petroleum Fund stipulated by the Ministry of Finance in November. The Ministry had said that...
Partner Insight: Russell Investments' David Rae and Paul Wharton discuss how fiduciary management has changed in response to a shifting market context and what we might expect to see going forward
Industry Voice: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
Two years have passed since the Law Commission's landmark review that attempted to clear up confusion over trustees' fiduciary duties. Stephanie Baxter finds despite some initial progress there is much more work to be done.
Catherine Howarth has been an appointed as an ambassador for the Transparency Task Force (TTF)
Michael Klimes looks at the latest proposal to bring transparency on asset manager costs.