In the Margins
Fidelity Investments is removing short-term trading fees for 75 funds, a response to the growing popularity of low-cost exchange-traded funds. These redemption fees, charged to shareholders who withdraw their money within a given time horizon, are paid back to the fund, benefiting remaining shareholders. Read the original story from The Wall Street Journal.
Most Read
Total compensation paid to independent mutual fund directors in 2023 increased, though the difference was smaller than in the year prior, according to industry data obtained ...
The Putnam Funds board has new leadership and a new independent member following the retirement of Kenneth Leibler, who chaired the board for six years and ...
Independent Chairman Hassell McClellan and the John Hancock Funds board made progress this summer on a years-long board refreshment effort, but they're not done yet. McClellan ...
The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...