In the Margins
The Lord Abbett Funds board has expanded from nine to 11 members. Mark Schmid officially will join the board as an independent director tomorrow, and Douglas Sieg began serving as interested director in late February. Schmid is vice president and CIO of the University of Chicago; Sieg is the partner in charge of client services for Lord Abbett. Read the release from Lord Abbett.
Most Read
Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...
In late 2020, the Securities Exchange adopted new rule 18f-4 under the Investment Company Act of 1940, which provides for an updated and comprehensive regulatory approach ...
In a speech on Monday, William Birdthistle, the new director of the Securities and Exchange Commission's Division of Investment Management, pondered whether mutual funds are honoring ...
The independent directors of Vanguard Funds were named last week as defendants in a class-action lawsuit brought by a group of retail investors. The plaintiffs' claims ...