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Pooling Money: The Future of Mutual Funds
Paperback
ISBN13: 9780815729853
Publisher: Brookings Institution Press
Published: Jul 22 2008
Pages: 150
Weight: 0.45
Height: 0.50 Width: 5.80 Depth: 8.80
Language: English
One of the first rules of investing is diversification: spreading resources over many types of investments in order to minimize financial risk. Mutual funds have been the diversification vehicle of choice for the last several decades. In recent years, however, other opportunities for diversification--such as separately managed accounts and exchange-traded funds--have enjoyed rapid growth. What lies ahead for the mutual fund industry in light of this increasingly competitive environment? In this volume, experts from the United States and Japan look at forces of change in their securities markets and offer their views of the future for mutual funds and other forms of securities diversification.
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