Fuse Research Releases Multi-Series Trust Board of Directors Data

Fuse Research recently released benchmarking data highlighting various aspects of fund boards of Multi-Series Trusts (MST). The benchmarks included data from 19 MST Sponsors.  of Eleven sponsors (55%) have a single board, but MST sponsors maintain an average of 2.7 boards. Additionally, the Fuse data shows that of the independent directors serving on boards maintained by MST Sponsors, 89% of independent directors serve on a single board. The data also shows that across all AUM ranges, non-MST boards have a greater number of independent director seats than do MST boards. On average, MST boards have 3.6 independent director seats while non-MST boards average 4.6 independent seats.

Click here to view the Fuse Research data on board numbers and independent director seats for MST sponsors.