In the Margins
Private equity firm Warburg Pincus is considering selling Mutual Fund Store, a consumer finance adviser. The deal could value the company at about $700 million, according to people with knowledge of the matter. Warburg Pincus acquired its stake in Mutual Fund Store in 2011 from Summit Partners, also a private equity firm. Read the original story from BloombergBusiness.
Most Read
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
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 ...