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4.4
12 reviewsThe Fund Industry: How Your Money Is Managed
"The authors have done a fabulous job in explaining all aspects of mutual funds in a cohesive, reader-friendly work. With over 90 million investors entrusting over $11 trillion to mutual funds and assuming more responsibility for their retirement, this book is quite timely. It should be required reading for all investors."
—Andrew J. Donohue, former Director, Division of Investment Management, U.S. Securities and Exchange Commission
"This book will greatly enhance your understanding of the fund industry. It describes how money is managed, how portfolios are constructed, and how valuations are established; it provides tools to help you research and compare funds, looking at their performance, risk and expenses, and it discusses the growing importance of funds around the globe. It's rare to find so much useful information in a single book."
—Mohamed A. El-Erian, CEO and co-CIO of PIMCO; autho...
