Trusts & Trustees Advance Access originally published online on February 10, 2009
Trusts & Trustees 2009 15(2):72-79; doi:10.1093/tandt/ttn132
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© The Author (2009). Published by Oxford University Press. All rights reserved.
Trustee investment powers and the use of asset managers
*Mark Wain and Michael Shenkin, Hawksford International, 15 Esplanade, St Helier, Jersey JE1 1RB. Tel: +01534 740000; Email: Mark.Wain{at}HawksfordInternational.com, Michael.Shenkin{at}HawksfordInternational.com
In order to obtain the best advice available trustees are increasingly delegating some or all of their investment functions. This article looks at the investment powers of trustees and the issues they should consider when making investments or delegating investment responsibilities to investment and asset managers.