governance

Investment Strategy

Legislation in vain

The very best legislation often comes about after there is a crisis, an independent investigation with recommendations that turn into laws that cut the chance of the original crisis occurring again. The lack of credibility for the proposed superannuation governance changes, which were defeated in the Senate last week, arose from the absence of a […]
Investment Strategy

Shared fund objectives are the key to setting salaries

The practice of benchmarking the salaries of senior executives of institutional funds with reference to external financial services firms, instead of the shared objectives of the fund, is a major barrier to their success, according to Professor Gordon Clark of Oxford University and director of Smith School of Enterprise and the Environment. Clark sees the […]
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