中国财政金融政策研究中心

Pooling Money: The Future of Mutual Funds

发布时间:2010-05-28

Pooling Money: The
Future of Mutual Funds

Pooling Money: The Future of Mutual Funds
by Yasuyuki Fuchita, Robert E. Litan

One of the first rules of investing is diversification. 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.

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