MutualFundWire.com: 47. David Frederick

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Thursday, November 18, 2010

47. David Frederick

David Frederick
Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C,
Partner

The Kellog Huber partner represented the investors in Jones v. Harris, arguing that fund boards are not truly independent of the fund advisor and that as a result Oakmark Funds shareholders paid excessive fees. Though he did not succeed in changing how fees are set, his arguments did influence how the media and public view fees. Those efforts are also helping change how fund complexes approach the issue.

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