The Code for Responsible Investment in Southern Africa
(‘CRISA’) Committee has produced an adaptation of the International Corporate
Governance Network (‘ICGN’) Model Mandate.
The model mandate
contains in essence suggested ‘model contract terms’ to be used between asset
owners and their asset or fund managers.The model contract terms contained within the ICGN
document have been adapted for applicability in South Africa with respect to
institutional investors including asset owners such as pension funds and
insurance companies and specifically to providers of institutional investors
such as asset managers and asset consultants.