The duty of corporate fiduciaries to act in the best interests of the firm lies at the heart of most stories about corporate law. It has occupied the center of what is probably the longest and most extensive debate in corporate law: whether the duties should be owed to shareholders alone or to...

Mutual funds : meaning, forms, and operations -- Mutual funds : growth and history -- Mutual funds regulation : the UK -- Mutual funds prudential regulation : the UK -- Governance of mutual funds : comparative accounts of the UK and US -- Regulation of undertakings for collective investment in...

This paper explores the duties owed by investments managers in the UK, comprised of duties derived from equity, common law, regulation and contract. It offers a critical analysis of how private law duties apply to investment managers, and discusses the challenges of applying such general duties...