Editor's Note

September 19, 2016

By Hillary Jackson

From the Editor...


Summer doesn't end for a few more days, but September already has been so busy that those beach days seem a bit like a distant memory. In the weeks since our annual August shutdown, we've brought you news of a ruling in the long-running 36(b) case against AXA Equitable Life Insurance Co. and the filing of new 36(b) suit against Harris Associates. We've also reported the start date of the upcoming trial in the 36(b) case against Hartford Investments.


In other big (and somewhat surprising) news, we told you about veteran mutual fund lawyer Carl Frischling getting a new job. He and his team from Kramer Levin moved over to Perkins Coie, a firm trying to make a name for itself in the '40 Act space.


And in our most recent A Seat at the Table feature, we provide insight into the winding down of a decades-old fund family and board that oversees it. The Advance Capital Funds board will stay in place until the funds are fully liquidated, likely by the end of 2016.


In our Added Perspective section, Bob Doll from Nuveen Asset Management takes a look at what the upcoming U.S. elections could mean for investors. Although it doesn't seem possible, election and election-related news is likely to ramp up as we get closer to Nov. 8; in his paper, Doll cuts through some of the noise to discuss possible implications of this most unusual campaign cycle. 


October will mark one year that Fund Board Views has been publishing, and we're very excited to hit that milestone. We've had great support and gotten great feedback on our work. We look forward to continuing bringing our subscribers the news and information that is most timely and most relevant to their jobs. Please reach out and let us know how we're doing, what you'd like to see more or less of, and provide any other feedback you think might be helpful. We'd love to hear from you!


For now,



Hillary Jackson, founding editor, Fund Board Views



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