In the Margins

Paulson said to be exiting AIG board

April 14, 2017

By Bloomberg

Paulson & Co. founder John Paulson is planning to step down from American International Group’s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan. Paulson’s planned exit will remove one of the board’s more prominent advocates for shrinking the company. Paulson had proposed splitting AIG into three separate companies, a plan that won support from billionaire Carl Icahn. Read the original story from Bloomberg

 

 

Most Read

Top of the Agenda - Governance
Q&A: Converting open-end funds to ETFs

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 ...