Contents:

• The “Value Added” Contract Renewal Process
• Three Eras of Selecting Peers for Contract Renewal: Using Investment Strategy Rather than Objective or Style
• Comparing the “Degree of Difficulty”: A New Approach to Fund Director Compensation
• The E3+O Process: How to Set Fund Director Compensation
• Mergers and Meetings Drive Moderate Growth for Fund Director Pay in 2009
• CCO Pay Rebounds Slightly at Larger Firms; CCOs More Involved in Risk Management
• Supreme Court Confirms Need for 2009 Profitability Benchmarks
• The Search for New Fund Directors
• Working to Improve a Fund Stewardship Grade
• Building a Process to Recruit a Diverse Fund Board
• Profiling and Compensating the Independent Chairman
• PERFORMANCE FEES FOR FUND DIRECTORS: PERHAPS IT IS TIME?