In the Margins
Dimensional Fund Advisors' Eduardo Repetto, co-chief executive and co-chief investment officer, will leave next month after 17 years at the asset manager. The firm did not disclose a reason for his departure but said CIO Gerard O’Reilly will become co-chief executive alongside Dave Butler in addition to his current job. Read the original story from Financial Times.
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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 ...
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 ...
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 ...
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 ...