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News: Fund managers' priority is returns.

Publication: Pensions Week
Publication Date: 25-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Tom Willetts

The role of the fund manager is to maximise returns, not to carry out corporate governance, according to the Investment Management Association (IMA) chairman Robert Jenkins.

Speaking at the IMA annual dinner, Jenkins said: "The pursuit of good governance may be a means to that end....

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