Advantage Funds - On The Trading Desk: Good Grief, Where's Good Governance? Lloyd Ku

Recent turmoil in our real estate markets, the financial sector, and the auto industry have cast a dark cloud over the intentions and abilities of some of our most honored business institutions and raises the questions: How do we know when management has our best interests at heart and when are they just out for themselves? Good governance, we have been harshly reminded, counts. Here to explain how to recognize and invest in good governance is Lloyd Kurtz, CFA and portfolio manager with Nelson Capital Management, a sub-advisor to Wells Fargo Advantage Funds. Lloyd and his team manage the Wells Fargo Advantage Social Sustainability Fund.

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Each Friday, veteran journalist Peter Nulty interviews portfolio managers for Wells Fargo Advantage Funds(R) to recap the business and Wall Street events that shaped the week as seen through the eyes of professional money managers.