In the Margins
"Lousy incentives for corporate stewardship is a flaw at the heart of our system of delegated asset management," writes James Saft for Reuters. "What’s more, index funds, which are rapidly becoming the dominant force in investment management, have the lowest incentive to spend money to chivy the companies whose shares they hold to perform better." Read the original story from Reuters.
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When Lloyd Wennlund was tapped to chair the board overseeing Northern Trust's new Datum One Series Trust, he knew the boardroom needed to be filled with ...
Dalia Blass, director of the Securities and Exchange Commission's Division of Investment Management, is considering allowing mutual fund boards to be permanently exempt from in-person meeting ...
Why should mutual fund boards be diverse, from a racial background and gender perspective?
For many of the nation's mutual fund boards, it's 15(c) season. In the current environment, that means independent directors and counsel are grappling with completing the ...