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Fiduciary Aspects of Using Expert Networks
Good Risk Governance Pays 
Sept. 9, 2014
"[An] individual with a fiduciary duty to trust beneficiaries (such as a pension plan investment committee member) should be asking [a hedge fund into which the trust is considering an investment] about how it uses expert networks. One might even assert that it would be bad business to avoid experts if the compliance and governance boxes have been checked off and there is a robust infrastructure in place about appropriate knowledge-sharing."
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