Seth C.Anderson – Mutual Funds. Fifty Years of Research Findings

The United States has $7 trillion in assets under management by mutual funds. Various issues about the nature of these companies have been addressed over the past half century. Fund performance, investment style, and expense issues are some of the topics covered in these works.

Fifty years of research findings for marginal funds. For the academic researcher interested in the various issues surrounding mutual funds and for the practitioners interested in funds for investment purposes. The authors briefly trace the historical evolution of funds, present important aspects of the Investment Company Act of 1940, and then summarize a substantial portion of the academic literature which has been written over the past five decades.

There is an outstanding wealth of information on mutual funds in this book. It is the most comprehensive work available. The book sheds light on the many issues surrounding mutual fund performance and pricing and is an important resource for any serious investor.

Kathleen A. Wayner is the President and CEO of Bowling Portfolio Management.

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