In the Margins

Virtus consolidates CEF boards

August 9, 2016

By Virtus Investment Partners

Virtus Investment Partners has made changes to the boards overseeing five of its closed-end funds in a move to achieve long-term efficiencies and savings. Three independent directors have resigned and the five remaining will oversee all five funds as a single board, which also includes President and CEO George Aylward as an interested director. Read the release from Virtus Investment Partners

 

 

Most Read

10 Things
10 Things...to read in summer 2025

It's officially summertime, which means FBV's annual Summer Reading List is here. We curate the list each year by soliciting recommendations from our readers and friends ...

Top of the Agenda - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...