Sentence examples for funds board from inspiring English sources

"AXA Rosenberg lost the confidence of the funds' board," said Greg Gable, a Schwab spokesman.

Eight of the 10 directors on the Nations Funds board will resign or otherwise leave by May 2005, he added.

They also disclose the pay of the funds' board directors.Don Phillips, the boss of Morningstar, an agency that rates mutual funds, says the ICA needs strengthening.

John A. Hill, the chairman of the Putnam Funds board, declined to comment on whether the board was told of the front-running charges and what it might have done about it.

Richard S. Strong, the founder of the Strong Mutual Funds, resigned as chairman of the funds' board, a few days after the New York attorney general said he would take action against him for improper trading of shares.

"Deleveraging is not something that could be done without approval of the funds' board of directors," Mr. Spalding said, "and the only reason they would grant something like that is if there was a major change in the federal tax code or something".

Funds' boards will have to be reorganised.

The funds' boards of directors should, at last, be required to be more independent.

Independent directors will have to make up 75% of funds' boards; one must be the chairman.

In New York City, the proposed 7 percent rate faces resistance from union trustees who sit on the funds' boards.

Q. Alliance Capital agreed to ensure that at least three-quarters of the directors on its funds' boards be independent.