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Rajib Chanda Quoted in Fund Board Views on Considerations for Mutual Funds Boards Following Stock Market Volatility
02.02.21
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Corporate Partner Rajib Chanda was quoted in a Fund Board Views article titled, “Reddit GameStop frenzy should spur board talks with adviser, PMS.” The article featured questions and topics to consider for directors of mutual funds boards, including recommendations that mutual fund boards initiate conversations with their advisers following the recent stock market volatility resulting from the coordination of trading strategies on Reddit. Rajib noted that boards overseeing equity funds should develop an understanding of their adviser’s plan of response to a similar situation. He commented, “Making sure equity mutual funds are not caught in the crossfire should be part of any risk oversight process implemented by an adviser or a board for such funds.”
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