Top of the Agenda - 10 Things

10 Things...Boards are focused on this fall

By FBV staff

As summer begins to draw to a close, the end of the year comes sharper into focus and mutual fund boards are prioritizing what needs to be discussed at their two remaining quarterly meetings of 2017. Many third-quarter meeting agendas are likely to be set by now (or close to ... >> CONTINUE READING <<<

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 <<<

10 Things...for directors' summer reading lists

By FBV staff

Happy Summer! Now that the season has official started and most mutual fund boards' second-quarter meetings are in the books, independent directors can refocus a bit on reading for pleasure (hopefully). With that in mind, we reached out to market participants for suggestions and have devised a list that includes governance-related ... >> CONTINUE READING <<<

10 Things...Boards should ask about the DoL fiduciary rule

By FBV staff

Just one week ago, Labor Department Secretary Alexander Acosta put to rest any lingering speculation that the fiduciary rule would be delayed any further. "We recognize that the rule goes into partial effect on June 9, with full implementation on Jan. 1, 2018. Some have called for a complete delay ... >> CONTINUE READING <<<

10 Boards...chaired by women

By FBV staff

After lingering in the high teens for many years, the percentage of female independent directors on mutual fund boards hit 20% in 2015, according to the most recent figures available from Management Practice Inc. And significantly, one-third of new directors in 2015 were female, the MPI data shows. “The data is ... >> CONTINUE READING <<<

10 Things...on fund boards' 2017 agendas

By FBV staff

As mutual fund boards set their agendas for 2017, they are focusing on core elements of their jobs as overseers, but also devoting time to current events—even those that are less than clear amidst the transition of power in Washington, D.C. Where specific items fall on individual boards' to-do lists ... >> CONTINUE READING <<<