The broad scope of the Fund Boards Council membership was on show on 23 January at the FBC iNED Boot Camp, 2020, hosted at the NatWest Conference Centre in London’s Bishopsgate.
Now in its second year, this first meeting in a very busy FBC engagement calendar for 2020 brought together fund board chairs, established and newly-minted fund board iNEDs, aspirant fund board directors and even a fair few executive directors.
Fifteen speakers, panellists and moderators across four sessions covered a lot of ground over the afternoon, and across a range of important topics: what’s the true value of independence on fund boards; do independent directors honestly understand their responsibilities and liabilities, and how to discharge them effectively; does assessment of value cut across different investment governance regimes, and what lessons can authorised fund board iNEDs take from their cousins who’ve dealt with some of these issues on master trusts, IGCs and other investment structures?
Very skillfully chaired by Peter Christmas of NatWest Trustee and Depository Services, the focus on this year’s session was on the establishment and practical implementation of a strong framework for the future success of investment fund governance. With the formal session over, the discussion carried on into the evening over drinks, with the success of the afternoon best summed up by Philip Warland, industry veteran, fund governance maven and FBC senior adviser: “I thought I was (the) expert. I learned a lot.” As did the rest of us, Philip.
Attendees will receive a detailed summary of the event in the coming days and FBC members will be able to access the event materials in their Member Portal. If you’re not already a member and would like more information about this or our other events, please get in touch!