In the Margins
Money pulled out of U.S.-based mutual funds last week was the most since the Brexit vote, according to the Investment Company Institute. Mutual funds and exchange-traded funds shed $4.1 billion overall in the week through Sept. 14, ICI said, as stocks and bonds alike stumbled and investors debated whether central banks would continue to support markets. Read the original story from Reuters.
Most Read
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 ...
Independent mutual fund directors earned more in 2022 than they did in 2021, according to industry data obtained by Fund Board Views. The year-on-year increase—a median of ...
Jay Baris, a partner in the Investment Funds group at Sidley Austin, has gotten into podcasting. The '40 Act lawyer is not just a podcast enthusiast, ...
The Securities and Exchange Commission's move away from swing pricing in the money market fund rule finalized last week was welcomed by the fund board community, ...