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Susan Wyderko |
Market volatility-induced performance woes, excessive fee litigation and money market fund regulations will proliferate next year, according to Mutual Fund Directors Forum Executive Director Susan Wyderko. She outlined the issues in an exclusive interview with FII’s Washington Bureau Chief Stan Wilson last week.
Market TroublesA roller-coaster stock market over the past six months has had devastating effects on the performance of equity funds, forcing their boards and advisors to contemplate radical changes, including manager changes and product overhauls, Wyderko said. Repeated market shocks are forcing directors to try to figure out exactly what is causing poor performance. “A disastrous ....