In the Margins
Investors poured an industry record $236 billion into Vanguard Group in 2015, the largest annual flow of money to a mutual fund company, according to Morningstar. The previous annual record also was set by Vanguard, in 2014 when it attracted a net $214.5 billion. Read the original story from The Wall Street Journal.
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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 ...