Using the case studies to develop the principles and practice of good governance, there are a number of lessons to be learnt from our exemplars whatever the nature, scope and location of the institution - summarized through a set of 12 findings about global best-practice with implications for large and small institutions. Implications are also drawn for the design and management of sovereign funds that are increasingly important for national welfare in global financial markets. In either case, funds can create more value if they correctly assess their governance and determine an investment strategy commensurate with their capabilities.
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