Trusts & Trustees Advance Access originally published online on February 10, 2009
Trusts & Trustees 2009 15(2):60-65; doi:10.1093/tandt/ttn138
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© The Author (2009). Published by Oxford University Press. All rights reserved.
A fine romance—the union of prudence and risk
*Christopher McCall QC, Maitland Chambers, 7 Stone Buildings Lincoln's Inn, London WC2A 3SZ, UK. Tel: +44 (0)20 7406 1200; Email: cmccall{at}maitlandchambers.com
This article looks at the need for trustees to balance the often competing requirements of prudence and risk when exercising their investment powers and the problems that arise in trying to get the balance right.