In the Margins
Old Mutual PLC has received a number of approaches from third parties to buy its stake in OM Asset Management PLC. The company, which said in March it would break up its four divisions, didn’t disclose who it had received approaches from, but The Financial Times reported the company was close to a deal to sell the U.S. asset management business to Affiliated Managers Group for about $1 billion. Read the original story from The Wall Street Journal.
Most Read
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...
Fund Board Views has refreshed and expanded its Editorial Think Tank ahead of its 10-year anniversary this fall. The nine members will continue to work closely with ...
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...