Fund Governance Content

Focus on Funds It’s Time to Update Fund Board Director Roles Fund board directors are seeking to modernize the roles they have played in serving funds and their investors. In the March 23, 2018, edition of Focus on Funds, Amy Lancellotta, managing director of the Independent Directors...

The following appeared as the "Letter from the Managing Director" in IDC's 2017 Annual Review. If there has been a single constant across the 13-year history of the Independent Directors Council (IDC), it's the stability of our four-part mission...

The following ICI Viewpoints is a letter to the New York Times by Amy B. R. Lancellotta, managing director of the Independent Directors Council, in response to an article published on December 30, 2017.

In recent years, the workload for boards of US regulated funds has grown heavier and more complex—owing in part to the fund industry’s growth and evolution, but due largely to a raft of new responsibilities established in Securities and Exchange Commission (SEC) rulemakings and other...

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pub_17_fund_governance.pdf

The following ICI Viewpoints is a letter to the Wall Street Journal by Paul Schott Stevens, president and CEO of the Investment Company Institute, in response to an editorial published on June 22, 2017. In their muddled and inconsistent arguments, the authors of “Index Funds Are Great...

Independent directors and chief compliance officers (CCOs) form an important team on behalf of fund shareholders. In the May 26, 2017, edition of Focus on Funds, veteran independent director Kathie Barr describes the evolving relationship between boards and CCOs.

The Independent Directors Council (IDC) just wrapped up another year of vigorous support for the fund director community—educating directors, bringing them together to share ideas and experiences, and advocating on their behalf in policy debates. This brief post, adapted from IDC’s...

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