In the Margins
Neil Hennessy believes mutual fund companies should make an acquisition the same way that they'd buy a stock. In an interview with InvestmentNews' John Waggoner, Hennessy, founder and chief investment officer of Hennessey Advisors, spoke about the market for mutual funds and the pressures on the industry as money flows out of actively managed funds and into passive funds. Read the original story from InvestmentNews.
Most Read
ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...
Members of the Heartland Funds board and Heartland Advisors management team spent a recent evening together sharing a meal. Of course it's not unusual for independent ...
Average compensation among mutual fund independent directors was higher in 2024, when compared to the year prior, an increase that was more than double what their ...
Comprehensive guidance on the oversight of sub-advisers that exists in the market has served mutual fund boards well for over 15 years. These frameworks remain foundational, ...