10 Things

10 Things...Boards learned from 20+ years of 36(b) cases
By FBV Staff
For the first time in more than two decades, there are no cases pending before the courts that accuse the fund industry of wrongfully charging excessive fees to shareholders. The plaintiffs' bar filed a steady stream of these lawsuits—alleging violations of Section 36(b) of the Investment Company Act of 1940—beginning ...  >> CONTINUE READING <<<

 

 

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 <<<

 

 

10 Things...Boards should ask about LIBOR transition
By FBV Staff
The publication of the London Interbank Offering Rate will cease at the end of this year, which means financial market participants will need to transition all remaining LIBOR-based exposures to risk-free interest rates over the next several months. While most mutual funds do not have exposure to LIBOR, some do, ...  >> CONTINUE READING <<<

 

 

10 Things...Boards should know about SPACs
By FBV Staff
Everyone seems to be talking about SPACs these days, and mutual fund board members should be too, according to fund governance experts. A SPAC, or special purpose acquisition company, is commonly referred to as a "blank check company," and it has no commercial operations; it is formed strictly to raise ...  >> CONTINUE READING <<<

 

 

10 Women...who inspire women in the industry
By Hillary Jackson
It's International Women's Day, and we thought we'd celebrate by highlighting and paying homage to the women who inspire us. We asked women who work in a variety of roles in the mutual fund governance space to share with us the women they have learned from along the way, look ...  >> CONTINUE READING <<<

 

 


Most Read

Top of the Agenda - Governance
Directors: Focus on prospectus for ESG funds

Environmental, social, and governance investing has been a huge topic of discussion in the mutual fund industry over the past several years, including in fund boardrooms. ...