In the Margins
Ultimus Fund Solutions has agreed to acquire Huntington Bancshares Inc.'s mutual fund service unit. The deal will nearly double Ultimus Fund Solutions' client base and boost the fund assets it services by 50% to about $30 billion. Read the original story from Cincinnati Business Courier.
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 ...