10 Things

10 Things...Boards may find challenging during recruitment process

By FBV Staff

Filling an empty seat in a fund's boardroom is not an easy process. It takes time and planning and input from a number of individuals—both on the board and associated with it. Like anything that is both important and complex, this process also presents challenges along the way. Some of ... >> CONTINUE READING <<<

10 Things...Boards will be talking about this fall

By FBV Staff

At this point in the summer, mutual fund boards are busy planning their fall meetings. That means prioritizing the issues that need attention and focus during their final two quarterly meetings of the year. In an effort to determine common themes among fund boards, we asked independent directors and the ... >> CONTINUE READING <<<

10 Things...Boards should consider in midst of M&A

By FBV Staff

Merger & acquisition activity in the asset management business has been ticking up for years, and it doesn't look to be slowing down anytime soon. And although the fund board perhaps should not be involved in specific M&A negotiations around issues such as financial terms of a deal, the fund ... >> CONTINUE READING <<<

10 Things...Boards should consider about self-assessments

By FBV Staff

Mutual fund boards must conduct annual self-assessments. There are a variety of ways to complete this task and no real consensus on which is the best or most effective approach. However, the goals of the exercise—to strengthen directors’ understanding of their role, identify potential weaknesses and/or areas in need of improvement, and ... >> CONTINUE READING <<<

10 Things...for directors' 2018 summer reading lists

By FBV Staff

Summer 2018 has officially begun and it's time to relax, unwind, and read a good book. We reached out to market participants to find out what books they have on their summer reading lists, which books they've read and enjoyed, and those books they hope they get time to get ... >> CONTINUE READING <<<

10 Things...to help strengthen board-CCO relationship

By FBV staff

One of the most important relationships in the boardroom is the one between independent directors and the funds' chief compliance officer. It involves the sharing of critical information and, ideally, it is one of mutual support. But it takes work—and time—to ensure the board-CCO relationship is effective and productive. We ... >> CONTINUE READING <<<