Duties of trustees: ensure asset manager capability, compliance, and that fund activities conform to regulations. Trustees must ensure the asset management company has necessary expertise, internal control systems and a risk management mechanism to invest in and ... Summary
Duties of trustees: ensure asset manager capability, compliance, and that fund activities conform to regulations.
Trustees must ensure the asset management company has necessary expertise, internal control systems and a risk management mechanism to invest in and manage investments, and that the asset management company complies with Board-specified requirements on risk management, investor protection, disclosures and reporting; trustees must also ensure all activities of the Specialized Investment Fund conform to the regulations.
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