Top of the Agenda - Governance

Hartford Funds board adds two from Lattice Strategies
By FBV staff
The Hartford Funds board has grown by two members after merging the Lattice Strategies exchange-traded funds board. Hartford acquired Lattice and its family of smart-beta ETFs last year, a move that marked Hartford's expansion into ETFs.
 
Hartford Funds announced in May 2016  that it would acquire Lattice, which at the time ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - 10 Things

10 Things...to ask about liquidity rule implementation

By FBV staff
Mutual fund advisers are currently likely to be entrenched in preparation for compliance with the Securities and Exchange Commission's liquidity risk management rule, which will go into effect for most funds in December 2018—and all funds the following June. There is a lot of heavy lifting related to this rule ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Succession

Vanguard Funds board to add three, lose one
By Hillary Jackson
Two new independent directors and incoming CEO Tim Buckley are slated to join the Vanguard Funds board on Jan. 1. Meanwhile, a long-standing independent director will step down Dec. 31 per the board's retirement policy. The proposed new configuration of the board—enlarged by two members—will be voted on by fund ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Governance

MPI studies industry profits, profitability measures
By Hillary Jackson
Over the past dozen years, market performance has been turbulent and the range of profitability at investment management firms has varied widely, as one might expect. However, the average profitability of those firms has remained steady at about 50%, according to new figures from Management Practice Inc. The data, presented ...  >> CONTINUE READING <<<

 

 

Added Perspective

U.K. regulator issues asset management market study
By Financial Conduct Authority
The United Kingdom's Financial Conduct Authority has published the final findings of its asset management market study and announced the package of remedies it will take forward to address the concerns identified in its interim report into the sector—including some around fund governance. “The asset management sector is important to the ...  >> CONTINUE READING <<<

 

 


Log-in

Log-in

Remember me on this computer

Forgot your password? Click here to have your password emailed to you.

Most Read

Top of the Agenda - Legal
 Third Avenue litigation comes to an end

Litigation related to the collapse of Third Avenue Management's Third Avenue Focused Credit Fund is coming to an end, just 18 months after the fund was closed in ...
CCO Insight
Fund CCO pay up in 2016, but not by much

Mutual fund chief compliance officers saw modest increases in pay last year, with the average total compensation ticking up to $403,375, according to new data from ...