In the Margins
Nearly 25% of all stock mutual funds closed over the past five years, and competition from index funds could hold the death rate steady in the future. Standard & Poor's, in its semi-annual report on the performance of funds vs. their index benchmarks, said 23% of all U.S. and international stock funds have been merged or liquidated in the past five years. Some 17% of all fixed-income funds also shuttered. Read the original story from InvestmentNews.
Most Read
The JPMorgan Funds board has started off the New Year with new leadership following the retirement on Dec. 31 of Chairman Matthew Goldstein, who served in ...
The end of the decade is just weeks away, and mutual fund boards are looking ahead to 2020 and the issues and challenges that may land ...
The Securities and Exchange Commission should issue valuation guidance for investment companies. When I was chief counsel in the SEC's Division of Investment Management from 1997 ...
When a mutual fund board brings on a new independent director, the onboarding process can be all-encompassing (and many would argue it should be). Obviously, there ...