In the Margins
U.S. money market funds own small holdings of debt issued by Deutsche Bank AG, diminishing the likelihood of a repeat of money funds' massive sale of Lehman Brothers' securities to meet heavy redemption requests eight years ago. The U.S. Justice Department imposed a $14 billion fine for DB's misselling of mortgage-backed securities. Read the original story from Reuters.
Most Read
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, ...
Independent directors who anticipate overseeing exchange-traded fund share classes are contemplating myriad issues related to what many industry participants believe will be a seismic shift in ...