Added Perspective

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

Retail access to private markets

By Benjamin Bates, Harvard Law School

In recent years, asset managers have launched dozens of products that provide retail investors with access to private market investments. Sponsors are promoting these funds as a way to “democratize” private markets and give savers an unprecedented opportunity to diversify their portfolios and earn attractive returns. In this paper, I ... >> CONTINUE READING <<<

MFDF's McPhillips Op-Ed: Deregulation is opportunity for fund directors

Carolyn McPhillips, president of Mutual Fund Directors Forum, has penned a commentary piece for Barron's in which she maintains that as deregulation of the markets takes hold, mutual fund directors have an opportunity—and responsibility—to step up. "Directors can provide tailored oversight of funds rather than forcing shareholders to pay for ... >> CONTINUE READING <<<

Claims Trends: A Review of Claims Activity in the Mutual Fund Industry (January 2024-March 2025)

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 <<<

Closed-end fund activism surges, shows need for Congressional action

By Investment Company Institute

ICI’s latest research shows that the number of traditional closed-end funds has continuously fallen for more than a decade as pressure from activist investors has surged. The report, The Closed-End Fund Market 2023, takes a close look at the latest trends in the CEF market. The research shows that no new ... >> CONTINUE READING <<<

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

By ICI Mutual

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 <<<