Viewpoints

Articles written by industry professionals for Fund Board Views, may be opinion, commentary, educational/instructional.

Rethinking experience requirements may broaden fund board diversity
By Anne Choe and Debbie Sutter, Simpson Thacher & Bartlett LLP
In 2015, our Simpson Thacher colleagues contended that recruiting younger directors could lead to more diverse fund boards, while also recognizing the inherent challenges involved in identifying a diverse pool of candidates. In light of the changing demographics of fund boards (or, more accurately, a lack thereof in certain respects), ...  >> CONTINUE READING <<<

 

 

Tokenization: Liquidity, custody, contracts—and the road ahead
By Ethan Corey, Michael Koffler, and Carolyn Garcia, Eversheds Sutherland
Tokenization of financial assets has expanded rapidly since the beginning of 2025, even in the absence of regulatory clarity around issues such as custody, trading and the applicability of transfer agent rules to tokenized assets. The first article in this series examined what tokenization is, how real-world assets are tokenized, ...  >> CONTINUE READING <<<

 

 

Tokenization: Investment potential, trading, and best ex
By Ethan Corey, Michael Koffler, and Carolyn Garcia, Eversheds Sutherland
Tokenization of financial assets has expanded rapidly since the beginning of 2025, even in the absence of regulatory clarity around issues such as custody, trading, and the applicability of transfer agent rules to tokenized assets. The first article in this series examined what tokenization is and how real-world assets are ...  >> CONTINUE READING <<<

 

 

Tokenization: Benefits, risks, and its impact on fund business
By Ethan Corey, Michael Koffler, and Carolyn Garcia, Eversheds Sutherland
On May 12, the Securities and Exchange Commission Crypto Task Force held a roundtable called “Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet” at which panelists discussed topics such as how to define tokenization, potential uses for tokenization, the need for regulatory changes to facilitate tokenization, and interoperability among ...  >> CONTINUE READING <<<

 

 

Sub-Adviser AI Oversight: Focus on what matters
By Joyce Li, CFA
Comprehensive guidance on the oversight of sub-advisers that exists in the market has served mutual fund boards well for over 15 years. These frameworks remain foundational, yet the widespread adoption and increasing sophistication of artificial intelligence (AI) and related technologies now embedded in investment processes, operational functions, and compliance systems ...  >> CONTINUE READING <<<

 

 


Most Read

A Seat at the Table
We've had A Seat at the Table — for 10 years

The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...
Top of the Agenda - Governance
Fewer women, minorities among new fund directors

After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...