Will Fiduciary Fog Clear for Trustees?
Chris Hall
MAY 24, 2023
The UK’s Law Commission published reports on the issue in 2014 and 2017. The 2014 report distinguished between trustees’ ability to take ‘financial factors’ and ‘non-financial factors’ into account in their investment decision making. The paper notes that the UK Stewardship Code is “guidance and not a legal obligation”.
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