10 Things
10 Things...to know about BDCs
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
Viewpoints
What will second Trump Administration mean for fund directors?
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
Top of the Agenda - Regulatory
Fund governance pros surprised, concerned by SEC risk alert
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...