Thursday, June 9
2pm EST

In Fund Directions’ upcoming webinar, Management Practice Inc.’s Jay Keeshan and Meyrick Payne will discuss opportunities for boards to update their considerations in determining an appropriate pay level for incoming directors.

The traditional approach to setting mutual fund independent director compensation was based on assets under management and the number of funds directors would be overseeing. In today’s increasingly complex market environment, fund boards are compelled to consider other metrics and variables that can impact a director’s job, including:

– Sub-advisor oversight
– New fund introductions
– Investment complexity (e.g. alternative funds)
– Product types
– Share classes
– Distribution
– Other factors that impact the duties of fund boards

If you would like to join the webinar, please register here