In the Margins
U.K. fund managers are grappling with potential fallout from a review of the industry opened by the U.K.'s financial regulator in November. Specifically, the Financial Conduct Authority said it would scrutinize competition and how costs are passed on to clients. U.K. mutual funds charge more than twice those of their U.S. counterparts, according to research published by the Review of Financial Studies as far back as 2009. Read the original story from Bloomberg.
Most Read
Serving on a mutual fund board is, by definition, a challenging job. But given the current regulatory environment, ever-increasing product competition (and related pressure on fees), ...
Invesco Funds expects to add two new independent and two new interested directors to its boardroom early in 2024, following a shareholder vote that also will ...
The boards overseeing TIAA's 88 and Nuveen Investments' 135 mutual funds plan to merge into a singe entity, nine years after TIAA acquired Nuveen for $6.25 ...
Mutual fund boardrooms are more diverse than ever, with the percentage of women and individuals representing a racial or ethnic minority group increasing annually—and at a ...