In the Margins
BlackRock has agreed to buy an $87 billion money market fund business from Bank of America. The deal will involve merging BofA money funds and separate accounts into BlackRock's offerings. The deal will bring BlackRock's cash management business to about $327 billion in assets. Read the original story from Bloomberg.
Most Read
The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...
Analyzing mutual fund director compensation data is getting increasingly difficult as consolidation reshapes the mid-sized to large end of the market and a reduction in stand-alone ...
Independent mutual fund directors typically attend four quarterly meetings each year, but their board-related work is not confined to those hours spent inside the boardroom. In ...
Amy Lancellotta will retire from the Independent Directors Council at the end of this year after 13 years as managing director and a total of 30 ...