In the Margins
Automation keeps the mutual fund industry moving. Thirty years ago when the mutual fund industry have $716 billion in assets under management, DTCC Fund/SERV processed about 15 transactions per day; now, in an industry with some $16 trillion in AUM, DTCC Fund/SERV processes a daily average of 900,000 mutual fund orders. Read the original story from Institutional Investor.
Most Read
The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...
The Securities and Exchange Commission's move earlier this week to greenlight Dimensional Fund Advisors' plan to offer ETF share classes of its mutual funds is likely ...
After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...