In The News

In BoardIQ, Investment Management Partner Discusses Fund Board Compensation Increases

Practices: Investment Management, Fund Boards of Directors / Trustees

A July 17 article published by BoardIQ titled “Foregoing a Raise (Even When You Could Take One)” reports that independent directors and fund board counsel for the most part say it is a good idea to keep board compensation within the same ballpark as peers. The article provides insights from investment management partner Elizabeth Reza. Boards may forgo a raise if they are concerned about the funds’ expenses or if the adviser has indicated that it’s establishing fee caps, Ms. Reza states in the piece.

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