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Paperback The Economics of Mutual Fund Markets: Competition Versus Regulation Book

ISBN: 9401074798

ISBN13: 9789401074797

The Economics of Mutual Fund Markets: Competition Versus Regulation

The original impetus for this research was provided several years ago by a request to assist Counsel for Fidelity Management and Research Corporation in analyzing the mutual fund industry, with particular emphasis on money market mutual funds. We were asked to focus our efforts on the mechanism by which the advisory fees of mutual funds are determined. This request arose out of litigation that challenged the level of advisory fees charged to the shareholders...

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