Top of the Agenda - Succession

Who's at the Table? Latest boardroom people moves
FBV's Who's at the Table? feature is where readers can stay up to date on the latest comings and goings in mutual fund boardrooms, as independent directors wrap up their service or take on new roles and responsibilities, and new individuals join the ranks of the fund independent director. Who's ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Legal

Supreme Court to review legality of activist suits
By Hillary Jackson
The U.S. Supreme Court on Monday agreed to consider whether private parties should be allowed to bring claims that fund contracts violate the Investment Company Act of 1940. Such claims have been used by activist investors in recent years to challenge closed-end funds' defensive measures, and the Court will review ...  >> CONTINUE READING <<<

 

 

10 Things

10 Things...to read in summer 2025
By FBV Staff
It's officially summertime, which means FBV's annual Summer Reading List is here. We curate the list each year by soliciting recommendations from our readers and friends in the industry, and the responses never disappoint. In order to present a concise and diverse catalogue of reads, however, we are able to ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Governance

ASA board enlarged, timeline to AGM unclear
By Hillary Jackson
ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one put forward by activist investor Saba Capital Management. That new director, Maryann Bruce, said in a letter to shareholders ahead of the meeting that ...  >> CONTINUE READING <<<

 

 

Top of the Agenda - Compensation

MPI: Fund CCO pay rises with industry, markets
By Hillary Jackson
Mutual fund chief compliance officers earned over 9% more in 2024 when compared to the year prior, largely due to profit sharing tied to better performing markets, according to new data from Management Practice Inc. "As goes the industry, so goes their compensation," Jay Keeshan, a partner at MPI, said ...  >> CONTINUE READING <<<

 

 


Log-in

Log-in

Remember me on this computer

Forgot your password? Click here to have your password emailed to you.

Most Read

Top of the Agenda - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...