haku: @journal_id 1459 / yhteensä: 136
viite: 78 / 136
| Tekijä: | Sender, H. |
| Otsikko: | Money for what? |
| Lehti: | Far Eastern Economic Review
1996 : OCT 17, VOL. 159:42, p. 69-95 |
| Asiasana: | FAR EAST ECONOMICS FINANCE |
| Kieli: | eng |
| Tiivistelmä: | A fund manager's job would seem straightforward enough: take the hard-earned savings of individuals and institutions and enlarge them by finding the best investments. But as the Year of the Rat enters its final quarter, that simple mandate appears increasingly problematic. How does anyone know what finding the best investment means in practice? What is the definition of a good fund manager, anyway? What precisely do fund managers do that justifies the commissions they charge - commissions that in sluggish markets can make the difference between gain and loss? |
SCIMA