The Fund Industry: How Your Money is Managed (Wiley Finance)
| Author | : | |
| Rating | : | 4.34 (894 Votes) |
| Asin | : | 1118929942 |
| Format Type | : | paperback |
| Number of Pages | : | 544 Pages |
| Publish Date | : | 2015-07-13 |
| Language | : | English |
DESCRIPTION:
Readers will learn how to research a fund and assess whether it's right for them; then they'll go behind the scenes to see how funds are invested, sold and regulated. A guide to how your money is managed, with foreword by Nobel laureate Robert ShillerThe Fund Industry offers a comprehensive look at mutual funds and the investment management industry, for fund investors, those working in the fund industry, service providers to the industry and students of financial institutions or capital markets. This book provides a detailed look at how firms in the industry:Invest those savings in stocks and bondsEvaluate the risks and returns of fundsDistribute funds directly to consumers or through financial advisors or retirement plansHandle the complex operational and regulatory requirements of mutual fundsVote proxies at the annual meetings of
"Provides Great Perspective" according to Michael Collins. While mutual funds are far from obscure it is surprisingly difficult find a textbook on the subject, even though this reads more like a handbook. The author is meticulous in his details in reviewing the components of the fund industry. They even cover ETF's and Hedge products. I especially liked the perspectives on working in different parts of the business. For teachers out there the publisher also has accompanying powerpoint slides that go wi. Five Stars Scott D Smith Great book!
“The result is a timely, comprehensive book for retail investors who want to know how their funds work (or don’t), for financial planners, and for students who aspire to join the fund industry.”—ValueWalk