The Fund Industry

The Fund Industry

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  • Author: Robert Pozen
  • Publisher: John Wiley & Sons
  • ISBN: 1118929942
  • Category : Business & Economics
  • Languages : en
  • Pages : 549

A guide to how your money is managed, with foreword by Nobel laureate Robert Shiller The 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. Industry experts Robert Pozen and Theresa Hamacher take readers on a tour of the business of asset management. 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. This updated edition expands coverage of the segments of the industry where growth is hottest, including hedge funds, liquid alternatives, ETFs and target date funds—and adds an introduction to derivatives. Mutual funds are a key component of financial planning for 96 million Americans. Nearly a quarter of U.S. household savings are invested in funds, which give individual investors affordable access to professional management. This book provides a detailed look at how firms in the industry: Invest those savings in stocks and bonds Evaluate the risks and returns of funds Distribute funds directly to consumers or through financial advisors or retirement plans Handle the complex operational and regulatory requirements of mutual funds Vote proxies at the annual meetings of public companies Expand their operations across borders Along the way, the authors describe the latest trends and discuss the biggest controversies—all in straightforward and engaging prose. The Fund Industry is the essential guide to navigating the mutual fund industry.


Risks and Vulnerabilities in the U.S. Bond Mutual Fund Industry

Risks and Vulnerabilities in the U.S. Bond Mutual Fund Industry

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  • Author: Antoine Bouveret
  • Publisher: International Monetary Fund
  • ISBN: 1513582321
  • Category : Business & Economics
  • Languages : en
  • Pages : 48

This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify vulnerable categories based on expected outflows labelled ‘Flows in Distress’. Overall, most U.S. mutual funds are resilient yet high yield (HY) and loan funds would face a liquidity shortfall when faced with severe redemption shocks. Combined sales from funds can have a sizeable price impact. Finally, our contagion analysis using data on fund flows and returns shows that Investment Grade (IG) corporate bonds funds, municipal bond funds and government bond funds are more likely to spread distress to other fund categories than HY, EM and loan funds. When the first type of funds experiences stress, other funds categories are likely to experience stress as well.


The Fund Industry

The Fund Industry

PDF The Fund Industry Download

  • Author: Robert Pozen
  • Publisher: John Wiley & Sons
  • ISBN: 1118929969
  • Category : Business & Economics
  • Languages : en
  • Pages : 544

A guide to how your money is managed, with foreword by Nobellaureate Robert Shiller The Fund Industry offers a comprehensive look at mutualfunds and the investment management industry, for fund investors,those working in the fund industry, service providers to theindustry and students of financial institutions or capital markets.Industry experts Robert Pozen and Theresa Hamacher take readers ona tour of the business of asset management. Readers will learn howto research a fund and assess whether it's right for them; thenthey'll go behind the scenes to see how funds are invested, soldand regulated. This updated edition expands coverage of thesegments of the industry where growth is hottest, including hedgefunds, liquid alternatives, ETFs and target date funds—andadds an introduction to derivatives. Mutual funds are a key component of financial planning for 96million Americans. Nearly a quarter of U.S. household savings areinvested in funds, which give individual investors affordableaccess to professional management. This book provides a detailedlook at how firms in the industry: Invest those savings in stocks and bonds Evaluate the risks and returns of funds Distribute funds directly to consumers or through financialadvisors or retirement plans Handle the complex operational and regulatory requirements ofmutual funds Vote proxies at the annual meetings of public companies Expand their operations across borders Along the way, the authors describe the latest trends anddiscuss the biggest controversies—all in straightforward andengaging prose. The Fund Industry is the essential guide tonavigating the mutual fund industry.


List of Companies Registered Under the Investment Company Act of 1940

List of Companies Registered Under the Investment Company Act of 1940

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  • Author: United States. Securities and Exchange Commission
  • Publisher:
  • ISBN:
  • Category : Corporations
  • Languages : en
  • Pages : 106


The Rise of Mutual Funds

The Rise of Mutual Funds

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  • Author: Matthew P Fink
  • Publisher: Oxford University Press
  • ISBN: 9780199714438
  • Category : Business & Economics
  • Languages : en
  • Pages : 320

In 1940 few Americans had heard of mutual funds. Today U.S. mutual funds are the largest financial industry in the world, with over 88 million shareholders and over $11 trillion in assets. The Rise of Mutual Funds describes the developments that have produced mutual funds' long history of success. Among these developments are: * formation of the first mutual funds in the roaring 20s * how the 1929 stock market crash, a disaster for most financial institutions, spurred the growth of mutual funds * establishment in 1934, over FDR's objection, of the United States Securities and Exchange Commission, the federal agency that regulates mutual funds * enactment of the Revenue Act of 1936, the tax law that saved mutual funds from extinction * passage of the Investment Company Act of 1940, the "constitution" of the mutual fund industry * the creation in 1972 of money market funds, which totally changed the mutual fund industry and the entire U.S. financial system *enactment of the Employee Retirement Income Security Act of 1974, which created Individual Retirement Accounts * the accidental development of 401(k) plans, which have revolutionized the way Americans save for retirement * the 2003 trading abuses, the greatest scandal ever in the history of the mutual fund industry Many events have never been discussed in detail; others have been discussed in works on other subjects. This is the first book that pulls together the many strands of mutual funds' unique history, written by an expert who draws on forty years of personal experience in the fund industry.


Managing Your Investment Portfolio For Dummies - UK

Managing Your Investment Portfolio For Dummies - UK

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  • Author: David Stevenson
  • Publisher: John Wiley & Sons
  • ISBN: 1118457099
  • Category : Business & Economics
  • Languages : en
  • Pages : 388

Achieve positive returns on your investments, in any market With Managing Your Investment Portfolio FD you can build and manage a portfolio of investments that’s flexible enough to provide positive returns, no matter what the market is doing. Inside you’ll find a wealth of strategies and techniques to help you take your investments to the next level. Lean to track and predict volatility; hedge your exposure by going long and short; use strategies like arbitrage, relative value and pairs trading; and dip into distressed assets, options, derivatives, spread betting and much more. Techniques and strategies covered include: Tracking and predicting volatility, and making short-term gains on very volatile markets Hedging exposure and going long and short Arbitrage (taking advantage of price differences between markets) Pairs trading Relative value strategies Distressed assets (things written off by the mainstream that may have long-term value) Earnings surprises (looking for companies delivering better earnings than predicted by analysts) Options and derivatives Macro trading (looking at key indicators for economic cycles)


SEC Docket

SEC Docket

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  • Author: United States. Securities and Exchange Commission
  • Publisher:
  • ISBN:
  • Category : Securities
  • Languages : en
  • Pages : 1136


The New Investment Frontier III

The New Investment Frontier III

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  • Author: Howard J. Atkinson
  • Publisher: Insomniac Press
  • ISBN: 1897415036
  • Category : Business & Economics
  • Languages : en
  • Pages : 313

Exchange traded funds have been called the next generation of mutual funds. Essentially, ETFs are low cost, tax-efficient index funds that trade on a stock exchange. In 1999, there were 33 ETFs trading on North American stock exchanges with assets of US39.6 billion. Five years later, despite going through the worst equity bear market in 70 years, ETFs number over 300 and assets have soared in excess of US300 billion globally. Canada was home to the first successful ETF in the world. Now the largest Canadian ETF, the i60 Fund, is one of the most heavily traded TSX issues.


Botswana Investment, Trade Laws and Regulations Handbook Volume 1 Strategic Information and Basic Laws

Botswana Investment, Trade Laws and Regulations Handbook Volume 1 Strategic Information and Basic Laws

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  • Author: IBP, Inc.
  • Publisher: Lulu.com
  • ISBN: 1433075547
  • Category : Business & Economics
  • Languages : en
  • Pages : 294

Botswana Investment, Trade Laws and Regulations Handbook Volume 1 Strategic Information and Basic Laws


Annual Report on the Statistics of Manufactures

Annual Report on the Statistics of Manufactures

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  • Author: Massachusetts. Bureau of Statistics
  • Publisher:
  • ISBN:
  • Category : Industries
  • Languages : en
  • Pages : 506