In the Margins
Regulators is scrutinizing Third Avenue Management's halting of shareholder redemptions from its Third Avenue Focused Credit Fund without first obtaining the green light from the Securities and Exchange Commission, according to people familiar with the matter. The review follows Third Avenue Management's announcement last week that it was closing the $789 million fund. 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 ...