In BoardIQ,Investment Management Partner Discusses Considerations for Board Directors Following Virtus Settlement

In The News
December 1, 2015

BoardIQ reports that the November settlement by Virtus Investment Advisers to the SEC raises important questions for board directors of subadvised funds regarding their added distance from the fund’s daily management. As a result of this, misinformation was eventually passed to shareholders. The article quotes investment management partner Paulita Pike on the provision of information by the subadviser to the adviser and the board.