In the Margins
The Department of Labor's fiduciary rule may spark lower mutual fund fees. "The industry may have held on to many distorted fee structures that might have been better suited for the 1980s," InvestmentNews said in an editorial. "We are filing that under: It's about time." Read the original story from InvestmentNews.
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 ...