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Rajib Chanda Quoted in BoardIQ Regarding Independent Director Fee Arrangements
01.06.15
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Corporate Partner Rajib Chanda was quoted in BoardIQ, a Financial Times publication, in an article discussing fee arrangements between independent directors and their funds. Specifically, the article focuses on the payment of these fees by fund managers and the implications of this practice. Rajib commented, “The main thing you worry about is the appearance of impropriety or somehow the board is beholden to the adviser because their fee could be retained if the adviser doesn’t like what the board is doing.”