In the Margins
U.S. diversified stock mutual funds gained 0.78% in November, a move indicating investors' growing comfort with the prospect of a rate hike by the Federal Reserve. "Investors were welcoming a Fed rate hike as a sign that the U.S. economy is strong enough to absorb a 25 basis point increase," said Omar Aguilar, CIO of equities for Charles Schwab Investment Management. Read the original story from Investor's Business Daily.
Most Read
ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...
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, ...