kaal:claim:2715083-019

The traditional mutual fund governance model, in which one board serves multiple discrete funds within a sponsor's group, is subject to significant oversight challenges.

serving as a single board for multiple discrete funds (Morley & Curtis 2010)). The traditional governance model is, thus, subject to significant oversight challenges (Krug (2016)).

Kaal, Confluence of Mutual and Private Funds (2016), IV.1 Investor Preferences, p. 12
https://ssrn.com/abstract=2715083 · source PDF

Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083

• traditional single board mutual fund complexes

failuresupport: arguedfailure: Single board oversight failurefamily: board-and-oversight-failuregovernance-designprivate-fundscorporate-governance

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