In the Margins
State Street Global Advisors, the firm behind the famous "Fearless Girl" statue on Wall Street, has been accused by the Department of Labor of paying hundreds of female executives less than male colleagues and more than a dozen black employees less than their white counterparts. The firm denies the claims, but has agreed to pay a $5 million settlement to more than 300 senior female staff. Read the original story from BBC.
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, ...