In the Margins
Investors pulled $6.7 billion out of taxable bond funds in the week ended Sept 20, the group's second-largest weekly outflows on record and the biggest weekly outflows from the funds since October 2008. "This week's outflows from bond mutual funds surprised me in terms of its scale—second-largest on record—and diversity, meaning the selling was spread across categories and companies," Jeff Tjornehoj, head of Americas research at Lipper, told Reuters. Read the original story from Reuters.
Most Read
Recruitment can be an exhaustive undertaking for a mutual fund board, particularly if a number of departures take place at once or in close succession. But ...
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 ...