Chapter

Introduction

Matthew P. Fink

in The Rise of Mutual Funds

Second edition

Published in print January 2011 | ISBN: 9780199753505
Published online January 2012 | e-ISBN: 9780199918805 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199753505.003.0001
Introduction

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This introductory chapter sets out the purpose of the book, which is to describe the specific events that by design or good fortune have produced the long history of success of the mutual fund industry. The book differs from most industry histories in that much of it is a personal narrative. The book's discussion of developments since 1970 reflects personal firsthand experience. The chapter then briefly defines some terms used to describe pooled investment vehicles.

Keywords: mutual funds; mutual fund industry; personal narrative; pooled investment vehicles

Chapter.  1673 words. 

Subjects: Macroeconomics and Monetary Economics

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