求翻译：首先是基金治理架构缺陷，也就是发起人与基金管理人重叠。作为基金主发起人的基金管理公司, 同时又被选聘为基金管理人, 不利于对基金管理人的选聘和监督。其次, 持有人利益代表缺位。现有的基金治理架构直接由发起人代表持有人的利益, 由于发起人本身的独立性差, 与相关各方又存在千丝万缕的利益关系, 因此很难真正代表持有人的利益。是什么意思？

First, the Fund's governance structure defects, that is, the promoters and fund managers overlap. Fund management companies as the main sponsor of the Fund and those selected for the fund manager is not conducive to hiring and supervision of fund managers. Second, the interests of the holders on beh

First, the Fund's governance structure, which is defective promoters overlapping and fund management. As part of the Fund's primary sponsor of the fund management companies, and are being employed as selected fund managers, to the detriment of the management of the Fund for the selection and recruit

First is the fund government construction flaw, also is the initiator and the fund supervisor overlaps.As the fund host initiator's fund management company, simultaneously also is selected is the fund supervisor, does not favor to fund supervisor's selecting with the surveillance.Next, the possessor

First is the Fund's governance structure defects, or initiator overlaps with the Fund Manager. As the main sponsor of the Fund management company of the Fund, and was selected as Fund Manager, is not conducive to the Fund Manager selection and monitoring. Secondly, the absence of interests on behalf

正在翻译，请等待...