In the Margins
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
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 ...