The Mutual Fund Industry: Competition and Investor Welfare

by R. Glenn Hubbard and Michael F. Koehn

Book Overview

Mutual funds form the bedrock of retirement savings in the United States, and, considering their rapid growth, are sure to be more critical in the future. Because the size of fees paid by investors to mutual fund advisers can strongly affect the return on investment, these fees have become a contentious issue in Congress and the courts, with many arguing that investment advisers grow rich at the expense of investors.

This ground-breaking...

• Format: Hardcover
• Language: English
• ISBN: 0231151829
• ISBN13: 9780231151825
• Release Date: April 2010
• Publisher: Columbia Business School Publishing
• Length: 256 Pages
• Weight: 1.58 lbs.
• Dimensions: 1.0" x 6.1" x 9.1"