Added Perspective

Online resource of governance-related white papers, research, special reports and other material.

Claims Trends: A Review of Claims Activity in the Mutual Fund Industry (January 2023-March 2024)

By ICI Mutual

ICI Mutual’s annual Claims Trends reports on significant civil lawsuits, regulatory enforcement proceedings, and operational errors involving fund advisers and their affiliates, registered investment companies, and fund directors and officers. The publication is designed to assist ICI Mutual’s insureds to better assess and manage the risks associated with such matters, ... >> CONTINUE READING <<<

AI Governance Playbook

By Athena Alliance

Artificial intelligence and other exponential technologies are poised to transform nearly every aspect of life as we know it. These times demand a thoughtful, proactive, and vigilant understanding of AI’s transformative capabilities and potential repercussions, and call for a paradigm shift in boardroom strategies.The Athena Alliance AI Governance Playbook—a referenceable, ... >> CONTINUE READING <<<

A Tool to Help Boards Measure Cyber Resilience

By Keri Pearlson

By now most boards know that cybersecurity is a business risk that they must oversee and ensure proper mitigations are in place. In an earlier article, we described the conversations the boards must have to perform this role. We made a case for discussing cyber resilience instead of cyber protection. ... >> CONTINUE READING <<<

A Review of Claims Activity in the Mutual Fund Industry (January 2022–March 2023)

By ICI Mutual

ICI Mutual's annual Claims Trends reports on significant civil lawsuits, regulatory enforcement proceedings, and operational errors involving fund advisers and their affiliates, registered investment companies, and fund directors and officers. The publication is designed to assist ICI Mutual's insureds to better assess and manage the risks associated with such matters, ... >> CONTINUE READING <<<

Diversity and Investment: A Summary of the Research

By Theresa Hamacher, for Investment Adviser Association

Fifty-six studies, 50 years of data, and a clear consensus: There is no trade-off between diversity and investment performance. That’s the capsule summary of the second edition of Diversity and Investment: A Summary of the Research. “More specifically,” says author Theresa Hamacher, president of Versanture Consulting (and independent chair of ... >> CONTINUE READING <<<

Obfuscation in Mutual Funds

By Ed deHaan, Yang Song, Chloe Xie, and Christina Zhu

Mutual funds hold 32% of the U.S. equity market and comprise 58% of retirement savings, yet retail investors consistently make poor choices when selecting funds. Theory suggests poor choices are partially due to fund managers creating unnecessarily complex disclosures and fee structures to keep investors uninformed and obfuscate poor performance. ... >> CONTINUE READING <<<