...requires that a trustee ". . . shall conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence...the probable safety of the capital to be invested." As you gentlemen are aware, the Prudent Man Rule has been reaffirmed by Congress in its proposed pension...

...requires that a trustee ". . . shall conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence...the probable safety of the capital to be invested." As you gentlemen are aware, the Prudent Man Rule has been reaffirmed by Congress in its proposed pension...

...not in regard 10 speculation, but in regard to the permanent disposition of their funds, considering probable income, as well as the probable safety of the capital to be invested." This decision generated the American common law prudent man rule — the court's decision is the classic...

...required of a trustee, is that he shall conduct himself faithfully and exercise sound discretion. He is to observe how men of prudence, discretion and intelligence...the probable safety of the capital to be invested. the tide began to turn toward a more conservative attitude. The New York court dramatically retreated...

...not in regard to speculation, but in regard to the permanent disposition of their funds, considering probable income, as well as the probable safety of the capital to be invested.1* This decision generated the American common law prudent man rule — the court's decision...

...trustee to invest, is, that he shall conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion, and intelligence...as well as the probable safety of the capital to be invested.6 For Putnam, as for Lincoln, prudence, duty, and efficiency lay in the private sector, which...

...not in regard to speculation, but in regard to the permanent disposition of their funds, considering probable income, as well as the probable safety of the capital to be invested. It is this "prudent man" principle that has been enforced in most states, either through general trust law...

...227, l70 (1959). 30. 26 Mass. (9 Pick.) 446, 46l (l83l). 1 980- 1 98 1 ] RESPONSIBLE IN VESTMENT 4 1 1 funds, considering the probable income, as well as the probable safety of the capital to be invested.3t Most courts have judged the prudence of an investment exclusively in terms of the twin...

...trustee's duty as one of "conducting] himself faithfully and exercis[ing] a sound discretion[,] observing] how men of prudence, discretion and intelligence manage...as well as the probable safety of the capital to be invested."4 This timeless and adaptable formula serves as the basis for the legal standards that now...

...trustee to invest is that he shall conduct himself faithfully and exercise sound discretion. He is to observe how men of prudence, discretion and intelligence...as well as the probable safety of the capital to be invested.6 This "prudent man" rule of trust investment did not definitely constrain fiduciaries in...