Securities litigation is reshaping the fiduciary landscape for Australian super funds

superfundsAs Australian funds increasingly invest globally, they should consider implementing fiduciary policies for involvement in securities matters tailored to the particular risks associated with each jurisdiction, Mike Lange, Counsel at Financial Recovery Technologies told Superfunds. Funds must also balance potential recoveries against the cost, risks and burdens of involvement, and equip themselves with information necessary to make informed choices among competing organizers.

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