David Brady isn't getting the attention of the board of trustees of Columbia Young Investor. Despite an offer that Brady thought was impossible to refuse (to take over the mutual fund that he formerly ran while charging investors substantially less), the board didn't even blink when rejecting him.

According to a Wall Street Journal report, Thomas Theobald, the independent chairman of the board that oversees the fund said that the board has no plans to consider Brady's offer even though the fund has had subpar performance and could be folded into another Columbia portfolio.

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