In the Margins

Fund directors' age, longevity spur oversight questions

June 7, 2016

By The Wall Street Journal

Mutual fund directors are getting older and staying longer, raising questions about whether extended tenures improve or harm fund oversight. Several fund boards have members in their 80s and even 90s who have served for decades, and the issue of fund director longevity surfaced recently at Sequoia Fund Inc., where the board includes one of the longest-serving overseers in America. Read the original story from The Wall Street Journal.

 

 

Most Read

A Seat at the Table
IDC's Kim aims to expand, improve membership

In his new role heading up Independent Directors Council, Thomas Kim plans to focus on the group's core mission while expanding its presence and influence. "As ...