In the Margins
Calastone, a transaction network for the mutual funds industry, has released a report showing that switching to a distributed, blockchain-based infrastructure could slash costs for the global mutual funds market by over $2.5 billion a year. Ken Tregidgo, deputy CEO of Calastone, said that using a distributed market infrastructure would avoid different companies having to input the same data, thus saving time and reducing errors. Read the original story from CoinDesk.
Most Read
ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...
Members of the Heartland Funds board and Heartland Advisors management team spent a recent evening together sharing a meal. Of course it's not unusual for independent ...
Average compensation among mutual fund independent directors was higher in 2024, when compared to the year prior, an increase that was more than double what their ...
Comprehensive guidance on the oversight of sub-advisers that exists in the market has served mutual fund boards well for over 15 years. These frameworks remain foundational, ...