In the Margins
Baxter International has appointed a representative of Third Point to its board, part of a deal to work with the activist investment fund run by Daniel Loeb. Munib Islam, a partner at Third Point, will serve on the board's executive search working group and its audit committee. Baxter and Third point also agreed that a second director would be added to the board later. Read the original story from BloombergBusiness.
Most Read
As the end of the year approaches, there are several issues that are likely to come up for discussion between chief compliance officers and mutual fund ...
Independent mutual fund directors are required to assess the reasonableness of the profits the management company earns from its advisory contract. It’s a challenging task, since ...
Blockchain has been likened to the “second generation” of the internet. The technology, including digital assets such as coins, tokens and related derivatives, has the potential ...
Five of the seven independent directors overseeing Alliance Bernstein's 94 mutual funds are 70 years old or older, and Chairman Marshall Turner is just fine with ...