In the Margins
Mutual fund investors withdrew the most money to date this year during the week after the so-called Brexit vote, according to the Investment Company Institute. The $10 billion withdrawn from the funds over seven days amounts to the largest outflow from the funds since investors pulled $15 billion in the last week of 2015 when oil prices were sinking, threatening stock prices and spurring fears of corporate defaults. Read the original story from Reuters.
Most Read
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...
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% ...
As mutual fund boards prepare for their next quarterly meetings over the coming weeks, they likely are gathering talking points on several of President Trump's initiatives ...
The Lord Abbett Funds board has done a lot of heavy lifting in the past few years, hiring new members, overhauling governance practices, and installing new ...