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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Mutual fund chief compliance officers saw notable increases in pay again in 2018, though they did not receive as big a pay bump as they did ...
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Recruitment can be an exhaustive undertaking for a mutual fund board, particularly if a number of departures take place at once or in close succession. But ...
The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...