Management Practice Inc. (MPI) has just completed its 19th annual “Survey of Mutual Fund Director/Trustee Compensation and Governance Practices”, with data covering 1,833 directors from 343 fund families. Full reports and specific board compensation comparisons are available from MPI.

     While experiencing ever-growing challenges and responsibilities, fund directors overall appear to have held their pay to modest increases.  Year-over-year (equivalent director) compensation increased an average of 3.2% in 2011 over 2010 levels.   Boards at larger fund families saw slightly higher increases of approximately 3.7%.