While skin in the game is important, we need beefed-up independent oversight

More emphasis needed on best practice

Spectacular blow-ups from several well-known investment funds has shone an important light on fund corporate governance and ways it can be beefed-up to the benefit of the end investor.

Interactive Investor has put forward one solution. That is for individual fund managers to publicly disclose how much they have invested in the funds they run. This is common in the US and is indeed...