10 Things

10 Things...on directors' minds for 2022

By FBV Staff

It's been nearly two years since the world essentially shut down in the face of the COVID-19 pandemic, and things are still a long way from "normal." As mutual fund directors and fund governance professionals look to 2022, it's no surprise that continued lack of face-to-face interaction with their peers ... >> CONTINUE READING <<<

10 Things...Boards should ask about inflation, its impact

By FBV Staff

Inflation in the United States is at its highest rate in more than three decades, with the cost of consumer goods and services increasing by 6.2% in October over a year prior; this growth in CPI was the fastest in a 12-month period since 1990 and the fifth straight month ... >> CONTINUE READING <<<

10 Things...Boards have learned over the pandemic

By FBV Staff

Mutual fund boards began moving to a virtual setting in late winter/early spring 2020, even before—in some cases—the Securities and Exchange Commission provided relief from in-person meeting requirements in early March of that year. It may have been a bit of a rocky start for some, but directors quickly became ... >> CONTINUE READING <<<

10 Things...Boards are facing through year-end and beyond

By FBV Staff

With the fourth quarter starting tomorrow, the end of 2021 is in sight. And as boards head into this last quarter and look ahead to 2022, there are a number of agenda items on which they are focusing—not least of which are the two new rules that will be implemented ... >> CONTINUE READING <<<

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 <<<