{"product_id":"the-fund-industry-how-your-money-is-managed-9781118929940","title":"The Fund Industry: How Your Money Is Managed","description":"\u003cb\u003eA guide to how your money is managed, with foreword by Nobel laureate Robert Shiller\u003c\/b\u003e \u003cp\u003e\u003ci\u003eThe Fund Industry\u003c\/i\u003e offers a comprehensive look at mutual funds and the investment management industry, for fund investors, those working in the fund industry, service providers to the industry and students of financial institutions or capital markets. Industry experts Robert Pozen and Theresa Hamacher take readers on a tour of the business of asset management. Readers will learn how to research a fund and assess whether it's right for them; then they'll go behind the scenes to see how funds are invested, sold and regulated. This updated edition expands coverage of the segments of the industry where growth is hottest, including hedge funds, liquid alternatives, ETFs and target date funds--and adds an introduction to derivatives.\u003c\/p\u003e \u003cp\u003eMutual funds are a key component of financial planning for 96 million Americans. Nearly a quarter of U.S. household savings are invested in funds, which give individual investors affordable access to professional management. This book provides a detailed look at how firms in the industry: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eInvest those savings in stocks and bonds\u003c\/li\u003e \u003cli\u003eEvaluate the risks and returns of funds\u003c\/li\u003e \u003cli\u003eDistribute funds directly to consumers or through financial advisors or retirement plans\u003c\/li\u003e \u003cli\u003eHandle the complex operational and regulatory requirements of mutual funds\u003c\/li\u003e \u003cli\u003eVote proxies at the annual meetings of public companies\u003c\/li\u003e \u003cli\u003eExpand their operations across borders\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAlong the way, the authors describe the latest trends and discuss the biggest controversies--all in straightforward and engaging prose. \u003ci\u003eThe Fund Industry\u003c\/i\u003e is the essential guide to navigating the mutual fund industry.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eROBERT POZEN\u003c\/b\u003e is Senior Lecturer at Harvard Business School and a Senior Fellow at the Brookings Institution. During his distinguished career, he has been active in business, government, and academia. From 1997 to 2001, he was President of Fidelity Management \u0026amp; Research Co. From 2004 to 2011, he was executive Chairman of MFS Investment Management, which now manages over $400 billion in assets. \u003c\/p\u003e \u003cp\u003e\u003cb\u003eTHERESA HAMACHER, CFA, \u003c\/b\u003e is president of NICSA, a trade association serving the global investment management community. She is the former CIO for Pioneer Investment Management USA in Boston, Massachusetts. Previously, she was the CIO for Prudential Mutual Funds in Newark, New Jersey.\u003cbr\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":50332473655570,"sku":"9781118929940","price":45.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_f5bbc849-81c8-4752-8db8-09cdff855b64.jpg?v=1727838243","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-fund-industry-how-your-money-is-managed-9781118929940","provider":"Surprise Castle","version":"1.0","type":"link"}