Investing in Separate Accounts

by Erik Davidson and Kevin D. Freeman

Book Overview

Contains information needed to establish a separate account and control private mutual funds. This book covers the advantages of separate accounts over mutual funds. It explains how separate accounts... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0071385088
• ISBN13: 9780071385084
• Release Date: March 2002
• Publisher: McGraw-Hill
• Length: 253 Pages
• Weight: 0.92 lbs.
• Dimensions: 1.0" x 6.3" x 9.4"

Customer Reviews

Best book explaining mutual funds and separate accounts out

I've read this book and it expained the differences between separate accounts and mutual funds very clearly. Especially with the scandal in mutual funds it is obvious it is better to be personally managed than to be part of a school of fish. One reviewer of this book ranted about the separate accounts industry, but did not recognize this book addressed many of the issues he raised. He, unfortunately, is angry at a manager and took it out on the industry. That is like buying a bad carton of milk and considering the entire dairy industry is spoiled. Separate accounts are without a doubt the best way to get personalized financial service without the worries. Just keep in mind, use reputable managers and follow the advice of this book.Enjoy!

Don't believe the naysayers, this is the best

This book does a great job disspelling the myths put out by mutual fund lackeys who so greatly fear separate accounts. For example, it powerfully and accurately demonstrates that the total cost of funds (with trading, advice, loads, unrealized cap gains, and management fees of which many are never disclosed)is typically higher than separate accounts (which typically have a fully-disclosed bundled fee). The naysayers fail to recognize the fee trends and discounts prevalant in the industry today that make separate accounts more than competitive. Further, the "index" crowd ignores three facts demonstrated in this great book:1. Separate Accounts offer index options if investors want them,2. Index returns lagged active managers significantly in the recent bear market, and3. There is no perfect index to follow so they're not the panacea they're made out to be.This book overall addresses and overwhelms the simplistic arguments against separate accounts. When used in the proper context, separate accounts are superior in every respect. They also are immune from the manipulation suffered by funds that has been so well documented in recent months due to their high level of transparency.I highly recommend this book to anyone who wants to get a fair review of investment options. This work should not be ignored.

Best Book on The Subject I own

I highly recommend this book to anyone interested in separate accounts. It is particularly useful for brokers and investment professionals.

Open your eyes and see the future!

The days of mutual funds are numbered. At some point, the general public will see that the future of equity management is in separate accounts. Freeman and Davidson score with their first collaborative effort in print. Listen up - these guys are the pioneers in the field. "Investing in Separate Accounts" is basic enough for the novice and informative enough for the seasoned investor. The purchase price of this book is easily one of the best investments you'll ever make. Get "Investing in Separate Accounts" now and be ahead of the curve!

What an eye-opener on the dirty world of mutual funds!

I didn't realize how much money I was losing with my mutual fund investments until I saw this book! I'm moving my money to separate accounts.With my quick calculations, I should be saving the price of this book every 14 hours!