https://patomak.com/wp-content/uploads/2022/12/PGP-Header-Logo-Stacked.png 0 0 Patomak Global Partners https://patomak.com/wp-content/uploads/2022/12/PGP-Header-Logo-Stacked.png Patomak Global Partners2020-05-20 21:05:112023-03-31 14:38:48Fund Valuation Comes Into Focus
Fund Valuation Comes Into FocusPatomak Post Strategy & Advisory
The COVID-19 pandemic has muddied many waters. There is more uncertainty than ever about school, work, life in general. That’s why a recent proposal from the Securities and Exchange Commission was such a breath of fresh air, even though it’s entirely unrelated to the pandemic. In fact, the agency has been working on providing clarity on fair valuation – how fund boards or their advisers value some portfolio securities – for years. The proposal brings welcome clarity to a complex area of fund governance and, particularly as a mutual fund independent director, I’m grateful for the SEC’s initiative.