In the Margins
Pzena Investment Management is creating a distribution team to promote its three mutual funds. The relatively obscure $25 billion institutional money manager has a 20-year record managing money for institutions, including a solid push over the past four years into the sub-advisory space. Read the original story from InvestmentNews.
Most Read
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 ...