From the Editor...
"Artificial intelligence" may sound like something out of the future, but it's being deployed every day all around us—including in the mutual fund industry. To demystify the concept and provide some guidance to independent fund directors on how they should approach getting up to speed on AI, we gathered three experts in the field for a Q&A. Sidley Austin's Nathan Greene, BlackRock's Rachel Schutt, and FundGuard's Lior Yogev shared a ton of really good and useful information, so make sure to read the piece—and bookmark it to use as a resource going forward.
Additionally, we've reported out a lot of news and analysis in the past couple weeks that you don't want to miss. It's directly relevant to the boardroom, it's accurate, and it's to the point so you get the intelligence you need without having to sift through extraneous or gratuitous details. The industry has weighed in with initial thoughts on the new derivatives rule, two Columbia Funds boards are merging, the Independent Directors Council has elected a new Governing Council chair, and Oakmark Funds has named a successor to long-serving Allan Reich, who's getting ready to retire at the end of the year.
And we've published our monthly PDF containing all the stories we posted in October, so you've got all the information in one place and you can quickly review our coverage to make sure you didn't miss anything.
We hope you're staying healthy and happy in these challenging times, and we'll continue to do our best to make sure you stay informed.
For now,
Hillary Jackson, founding editor