The Fund Industry

How Your Money is Managed

By Robert Pozen, Theresa Hamacher | Publisher: Wiley

About the book

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.

Editions of The Fund Industry

Hardcover
ISBN 9781118929940
EBook
ISBN 9781118929964
EBook
ISBN 9781118929957

Read an Excerpt

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.

Frequently Asked Questions

What is The Fund Industry about?

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.

What core themes, tropes, or subjects are explored in The Fund Industry?

Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry > Investment and securities

Where can I read a sample of The Fund Industry?

You can read an official preview of the few pages here https://www.book2look.com/book/9781118929940

Is The Fund Industry part of a series, and can it be read as a standalone?

Yes it is a part of series Wiley Finance

Who is/are the Author/s of the book The Fund Industry?

Robert Pozen, Theresa Hamacher

Who is the Publisher of the book The Fund Industry?

Wiley

What are the ISBN numbers for the physical and digital editions?

The Fund Industry is available as hardcover(ISBN 9781118929940) and ebook(ISBN 9781118929964) and ebook(ISBN 9781118929957)

Where can I buy The Fund Industry online or support local independent bookshops?

You can buy The Fund Industry from below

Where can I buy The Fund Industry?