In the Margins
Why is Berkshire Hathaway a corporation and not a mutual fund? As a corporation, Berkshire Hathaway Inc. is subject to the corporate tax, whereas a Berkshire Hathaway mutual fund would not be. There are at least three good reasons why Warren Buffett prefers to pay the corporate tax rather than become a mutual fund. Read the original story from Forbes.
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Independent mutual fund directors typically attend four quarterly meetings each year, but their board-related work is not confined to those hours spent inside the boardroom. In ...
Amy Lancellotta will retire from the Independent Directors Council at the end of this year after 13 years as managing director and a total of 30 ...
The board overseeing Ariel Funds is among the most diverse in the business, when measured by gender, race, and background/skills. And while it may seem like ...
The Securities and Exchange Commission's Division of Investment Management is planning to launch a new outreach initiative targeted at small and mid-sized fund complexes, an effort ...