In the Margins
The Securities and Exchange Commission raised concerns about the role of independent fund directors following the liquidation of Third Avenue’s $788 million high-yield fund last December. But fund directors are critical of the regulator's warning, with fears they are being pushed toward getting involved in day-to-day decisions. Read the original story from The Financial Times.
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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 ...
Analyzing mutual fund director compensation data is getting increasingly difficult as consolidation reshapes the mid-sized to large end of the market and a reduction in stand-alone ...
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 ...