the very best investor protection”

MGs’ approach is demanded by investors who request that directors be independent from any other service provider, that they are involved with the affairs of the fund and offer real oversight. Our directors approach allows them to offer real corporate governance.

What the SEC says:

The US securities and exchange commission, in particular, is focused on how asset management firms parachuting effective oversight of their activities. The SEC is especially looking at how fund boards are carrying out their duties, as well as the extent to which boards are partially or fully responsible for problems discovered within the fund groups, e.g. the role of boards of analyzing fund expenses. SEC staff members are examining board meeting minutes to identify problems and evaluate whether boards have used good judgment and oversight function.” (PWC, April 2012, “Top Issues Facing Fund managers” see our publications page here)