Top of the Agenda - Succession

New chair steps in to lead EV Funds
By Hillary Jackson
Eaton Vance Funds has elected a new independent chairman ahead of William Park's retirement next year. Park has stepped down as chair and will conclude 19 years of service to the funds—six of them as chair—on July 1, 2022. George Gorman, 69, took the top spot at the beginning of ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Governance

ESG adviser Parnassus to double board size following AMG deal
By Hillary Jackson
The Parnassus Funds board is planning to double the number of independent directors in its boardroom, provided shareholders approve three nominees at the end of next month. The changes in the Parnassus Funds boardroom were prompted by Affiliated Managers Group's acquisition of a majority stake in adviser Parnassus Investments, the ...  >> CONTINUE READING <<<

 

 

10 Things

10 Things...to ask about investing in China
By FBV Staff
Investing in China is complex, whether a mutual fund offers direct exposure to China and the region or provides access via Chinese companies' U.S.-listed American depositary receipts. Recent scrutiny from Beijing of companies such as Didi Global Inc., which conducted its initial public offering in New York last month; Ant ...  >> CONTINUE READING <<<

 

 

A Seat at the Table

Touchstone grows board in line with assets, fund lineup
By Hillary Jackson
Touchstone Investments completed its acquisition of AIG Life & Retirement's retail mutual fund business on Monday, growing its assets under management by 20% and expanding its mutual fund board's remit in the process. As a result, the board is asking shareholders to approve the addition of two new directors—one independent ...  >> CONTINUE READING <<<

 

 


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10 Things
10 Things...to ask about investing in China

Investing in China is complex, whether a mutual fund offers direct exposure to China and the region or provides access via Chinese companies' U.S.-listed American depositary ...