Key strategies for overseeing derivatives
PwC co-sponsored and participated in the recent BoardIQ Mutual Fund Trustees roundtable. This document highlights the discussion from that session, including the increased use of derivatives, growing oversight concerns by regulators, the inverse floater issue, and the use of derivatives tied to the credit markets. Nine action steps for consideration are offered.
Independent directors and trustees from Goldman Sachs Fund of Funds, Citigroup Alternative Investments Trust, Calvert Group, and T. Rowe Price, and representatives from Interactive Data, State Street, and Stradley Ronon Stevens & Young participated in the roundtable, along with Tony Evangelista, Partner in PwC's Investment Management and Real Estate Practice.
