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Pooling Money

The Future of Mutual Funds

ISBN-13: 9780815729853
Publisher: ROWMAN & LITTLEFIELD PUBLISHERS
Imprint: BROOKINGS INSTITUTION
Edited by Yasuyuki Fuchita, Edited by Robert E. Litan
Price: AUD $48.99
Stock: 0 in stock
Availability: This book is temporarily out of stock, order will be despatched as soon as fresh stock is received.
Local release date: 22/07/2008
Format: Paperback 188 pages Weight: 220g
Categories: Investment & securities [KFFM]

Description
Author Biography
Google Preview: 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.; Yasuyuki Fuchita is a senior managing director at the Nomura Institute of Capital Markets Research in Tokyo. He is coeditor of After the Crash: The Future of Finance (2010) and Prudent Lending Restored (2009), both published by Brookings. Robert E. Litan is a senior fellow in Economic Studies at the Brookings Institution and vice president for research and policy at the Kauffman Foundation. Among his many books is Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity (Yale University Press, 2007), written with William J. Baumol and Carl J. Schramm.; Google Preview content