In the Margins
Some large mutual fund firms were hit hard by selling in the U.S. junk-bond market last month. In addition to Third Avenue Management LLC, Loomis Sayles, Ivy Investment Management Co., and Waddell & Reed Financial Inc. suffered large investor withdrawals and declines in their net asset values. Read the original story from The Wall Street Journal.
Most Read
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...
Fund Board Views has refreshed and expanded its Editorial Think Tank ahead of its 10-year anniversary this fall. The nine members will continue to work closely with ...
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...