Towards a sound fund governance

Fund governance has become a major discussion topic over the last years as investors are demanding for more transparency of the operation of the fund.

New service providers have emerged, some of which only focus on fund governance. This evolution has been a natural process and Luxembourg was able to draw on an ecosystem that was already available.

“The governance model is providing the transparency and the independence that investors are looking for but also helps manage the risk and any conflicts of interest”, says Steve Bernat, CEO, Carne Group Luxembourg.