In the Margins
Vanguard Group attracted a record $305 billion last year, exceeding its previous record of $276.4 billion in 2015. The 2016 figure includes $93 billion that went into exchange-traded funds, up from $76 billion the year before, according to a spokesman. Read the original story from Bloomberg.
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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 ...