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Tekijä: | Laderman, J.M. Crock, S. |
Otsikko: | Wall Street`s windfall in `wraps` |
Lehti: | Business Week
1992 : JULY 27, No. 3265-595, p. 39-41 |
Asiasana: | WALL STREET BOND MARKETS INVESTMENT |
Kieli: | eng |
Tiivistelmä: | Review of Wall Street new `wrap` account for individual investors, combining planning, management and brokerage commissions. Money invested in wraps. Risks and money managers. 3% fee. Minimum sum needed to open an account. Role of money- management firms. Portfolio for each investor. Differences from mutual funds. Move to draft uniform disclosure rules for wrap accounts. A Table outlines number of accounts and rate of return. |
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