Thoughts from the boardroom: A frank discussion

August 2010
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Thoughts from the boardroom: A frank discussion

At a glance

PwC hosted a discussion with directors of major mutual fund boards who offered their perspectives on current issues in the industry with respect to mutual fund board duties and responsibilities.

PwC recently played host to directors of major mutual fund boards for a roundtable discussion of their perspectives on current issues in the industry with respect to mutual fund board duties and responsibilities. The relaxed and frank discussion offered a window into the board-level thinking, particularly in light of the existing market volatility.

The discussion flowed into three major areas of interest:

  • Risk management
  • 15(c) contract review considerations including investment performance
  • Industry consolidation resulting in expanded responsibilities of the board