Foreign experience in forming а corporate governance model in investment funds

The publication examines the problem of corporate governance in investment funds. Main approaches used in foreign practice are investigated for effective interaction between the principal participants of the investment process. The author describes the mechanism of each approach and suggests that the formation of different corporate governance models of investment funds depends on key conditions for their establishment and functioning. The systemic unity of traditional Corporate Governance and corresponding Fund Governance is shown. The outsider and insider corporate governance models limitations applied to the investment fund industry are determined.