×

Uh-oh, it looks like your Internet Explorer is out of date.

For a better shopping experience, please upgrade now.

The Fund Industry: How Your Money Is Managed
     

The Fund Industry: How Your Money Is Managed

by Robert Pozen, Theresa Hamacher, Don T. Phillips (Foreword by)
 

Every investor, student of finance and participant in the mutual fund industry needs to read this book The Fund Industry details how mutual funds are marketed, regulated, and invested in stocks and bonds. The book also describes the critical factors needed to choose a specific fund for your investment or retirement plan, including what to look for when

Overview

Every investor, student of finance and participant in the mutual fund industry needs to read this book The Fund Industry details how mutual funds are marketed, regulated, and invested in stocks and bonds. The book also describes the critical factors needed to choose a specific fund for your investment or retirement plan, including what to look for when reading prospectuses, shareholder reports and third party reviews. In addition, the book:

  • Discusses the spread of mutual funds to Asia, Europe, and Latin America
  • Compares mutual funds to other investment vehicles such as hedge funds and ETFs
  • Shows how to sort mutual funds by categories and subcategories based on security type and investment objective
  • Other titles by Pozen: Too Big to Save? How to Fix the U.S. Financial System, also by Wiley

Fundamentals of the Fund Industry is the most in-depth and up-to-date guide to navigating the mutual fund industry, written in an accessible style with many examples and charts.

Editorial Reviews

From the Publisher
“I think most people will find The Fund Industry one of the most informative books they’ve read in quite a while. … It shows that mutual fund investors know mighty little about where they’ve put their hard-earned money.”
Brenda Jubin, Seeking Alpha, February 2011

“We can even envision this book as required reading for new employees of investment advisory fi rms or suggested reading for directors new to the investment company industry.”
The Investor’s Guide to Closed-End Funds, April 2011 a Jubin, Seeking Alpha, February 2011

“ … a valuable overview of the operations of the mutual funds industry.”
Pensions & Investments, April 2011

“… the book is more than worthwhile … it certainly makes the recommended reading list.”
The New York Times, April 2011

Paul B. Brown
The authors are not writing here about how to invest in various funds—the personal finance component of this 525-page book makes up only a small fraction of the work. Instead, their focus, as the subtitle makes clear, is "how your money is managed." They explain the legal requirements governing funds; what fund managers actually do day to day, and the roles played by transfer agents and the like…It may not answer all of your questions about how to find the best mutual funds, but it certainly makes the recommended reading list.
—The New York Times

Product Details

ISBN-13:
9780470634257
Publisher:
Wiley
Publication date:
02/08/2011
Series:
Wiley Finance Series , #596
Pages:
544
Product dimensions:
6.20(w) x 8.90(h) x 1.60(d)

Related Subjects

Meet the Author

ROBERT POZEN is Chairman Emeritus of MFS Investment Management®, as well as a Senior Lecturer at the Harvard Business School and a Senior Fellow at the Brookings Institute. He was previously vice chairman of Fidelity Investments; chairman of the SEC Advisory Committee on improving financial reporting; and a member of the Presidential Commission to Strengthen Social Security. A prolific author of editorials in leading newspapers, in 2009 he published the book Too Big to Save?: How to Fix the U.S. Financial System. Pozen graduated summa cum laude from Harvard College and earned a doctor of laws from the Yale Law School where he was an editor of the Yale Law Journal.

THERESA HAMACHER, CFA, is President of NICSA, the National Investment Company Service Association, and the former chief investment officer for Pioneer Investment Management USA, where she supervised a team of over fifty investment professionals managing more than $15 billion in global equity and fixed income assets for mutual fund and institutional clients. Previously, she was the chief investment officer for Prudential Mutual Funds. In 1984, she ran the Prudential-Bache (Tax-Managed) Utility Fund, the top-performing mutual fund in the United States. She is coauthor of The Pocket Idiot's Guide to Investing in Stocks. Hamacher is a summa cum laude graduate of Yale College and a Chartered Financial Analyst.

Customer Reviews

Average Review:

Post to your social network

     

Most Helpful Customer Reviews

See all customer reviews