In the Margins

American Funds earns top stewardship grades

September 30, 2015

By Morningstar

American Funds has been awarded the top Stewardship Grade by Morningstar, which looks at corporate culture, fund board quality, fund manager incentives, fees, and regulatory history. In its analysis of American Funds' business and culture, Morningstar points to the firm's improvements in transparency, the betterment of its bond business, and its willingness to embrace change. Read the original story from Morningstar

 

 

Most Read

Top of the Agenda - Compensation
IDC: Fund director pay climbs again in 2024

Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...