Current and Future Challenges Faced by Investment Funds

Martin J. Gruber ()
Additional contact information
Martin J. Gruber: NYU

Chapter 30 in Global Asset Management, 2013, pp 582-600 from Palgrave Macmillan

Abstract: Abstract Investment funds, principally open-end mutual funds comprised of shares, fixed-income securities and other assets, have been one of the most successful innovations in the global financial architecture. Properly structured, fund shares are easy to buy and sell at relatively low cost. They open a wide variety of active management styles and asset exposures to ordinary investors, including specific sectors of the economy and a broad range of international markets. They are relatively transparent in terms of their net asset value (NAV) and the composition of their holdings. They are tracked in terms of performance, expenses and risk profiles by various investor information services around the world.

Keywords: Mutual Fund; Hedge Fund; Investment Fund; Fund Industry; Investment Management (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-32887-8_30

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137328878

DOI: 10.1057/9781137328878_30

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().