In the Margins
Activist hedge fund Starboard Value LP launched a proxy fight on Thursday to remove the entire board of Yahoo Inc., including CEO Marissa Mayer. Starboard, which owns about 1.7% of Yahoo, has been pushing for changes at the company since 2014; the hedge fund said in a letter to Yahoo shareholders that it would nominate nine candidates for the board. Read original stories from Reuters, Mashable, Fortune, USA Today, and The Wall Street Journal.
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Fund industry litigators and others are watching an expansive class-action lawsuit filed recently against an interval fund that has been scheduled for liquidation since mid-2023, certain ...
Dimensional Fund Advisors is preparing to launch exchange-traded fund share classes of a selection of its open-end mutual funds in the early part of 2026, and ...
The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...
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