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A discussion group of independent directors at the 2025 IDC Fund Directors Conference

Recognizing the Important Role of Fund Boards

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Fund boards are a cornerstone of regulated funds, established to protect investors from conflicts of interest and ensure strong governance. With independent directors representing shareholder interests, fund boards provide critical oversight, upholding transparency, fiduciary standards, and accountability across the industry.

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IRA Investors Are Concentrated in Lower-Cost Mutual Funds

VIEW AS PDF Individual retirement accounts (IRAs) represent the largest share of assets in the US retirement market, with assets totaling $12.2 trillion at year-end 2020 (Figure 1). Forty-five percent of this total is held in mutual funds, with IRA mutual fund investors primarily...