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 <<<

 

 

10 Things...to know about the ETF share class
By FBV Staff
Independent directors who anticipate overseeing exchange-traded fund share classes are contemplating myriad issues related to what many industry participants believe will be a seismic shift in the mutual fund market. The work that will follow SEC approval of the exemptive relieve applications to offer an ETF share class will be ...  >> CONTINUE READING <<<

 

 

10 Things...to know about new co-investments framework
By FBV Staff
Earlier this month, the Securities and Exchange Commission filed a notice of intent to grant Franklin Square’s exemptive relief application for certain business development companies and closed-end funds to participate in co-investment joint transactions with affiliated funds and accounts that otherwise have been prohibited. The new framework is expected to ...  >> CONTINUE READING <<<

 

 

10 Women...who chair the Audit Committee
By FBV Staff
The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% in 2023. What's more, one-half of the independent directors who joined a board in 2022 and 2023 were female, and 91% of fund complexes ...  >> CONTINUE READING <<<

 

 

10 Things...to consider when merging boards
By FBV Staff
Mergers of mutual fund boards can take place within a large fund complex—as is taking place now at Columbia Funds and occurred earlier this month at AllianceBernstein Funds—or between fund complexes—as when the TCW Funds and MetWest Funds boards combined last year or when four boards were consolidated to two ...  >> CONTINUE READING <<<

 

 


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 ...