Improved governance "a fantasy"

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FRANCE - Improving companies through corporate governance will remain "a fantasy" until pension trustees better align their managers' incentives, said Mark Fawcett, chief investment officer at the UK's National Employment Savings Trust.

Fawcett told delegates at the Organisation for Economic Co-operation and Development (OECD) - World Pensions Council (WPC) World Pensions and Investments Forum held in Paris that pension trustees w...

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