Duties of unit trust trustees

Abstract

The paper outlines the duties of unit trust trustees in principal/agent terms. It then discusses the reactions of a number of trustees to the suggestion that they might be acting in breach of trust because of poor performance by the funds for which they are trustees. It concludes by offering suggestions for remedial action by unit trust trustees.

Citation

Lofthouse, S. (1997), "Duties of unit trust trustees", Journal of Financial Regulation and Compliance, Vol. 5 No. 3, pp. 260-264. https://doi.org/10.1108/eb024934