The Economics of Mutual Fund Markets: Competition Versus Regulation

by Stephen M. Goldfeld, William J. Baumol, Lilli A. Gordon

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...

• Format: Hardcover
• Language: English
• ISBN: 0792390431
• ISBN13: 9780792390435
• Release Date: December 1989
• Publisher: Springer
• Length: 242 Pages
• Weight: 1.19 lbs.
• Dimensions: 0.6" x 6.1" x 9.2"