Banks and Other Trustees Must Understand Their Duties of Loyalty and Impartiality
Author: Richard M. Horwood.; Lauren J. Wolven.
Source: Volume 19, Number 05, May/June 2006 , pp.35-44(10)
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Abstract:
Balancing the interests of the income beneficiaries and remaindermen is difficult when attempting to formulate investment strategies that will be advantageous to both. This issue has become increasingly problematic as investment returns have become smaller and smaller.Keywords:
Affiliations:
1: Horwood Marcus & Berk Chartered; 2: Horwood Marcus & Berk Chartered.