Mutual Funds

Fifty Years of Research Findings

  • Seth C. Anderson
  • Parvez Ahmed

Part of the Innovations in Financial Markets and Institutions book series (IFMI, volume 16)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Pages 71-82
  3. Pages 83-97
  4. Pages 99-116
  5. Pages 117-143
  6. Back Matter
    Pages 145-165

About this book


Mutual funds are the dominant form of investment companies in the United States today, with approximately $7 trillion in assets under management. Over the past half century an important body of academic research has addressed various issues about the nature of these companies. These works focus on a wide range of topics, including fund performance, investment style, and expense issues, among others.

MUTUAL FUNDS: Fifty Years of Research Findings is designed for the academic researcher interested in the various issues surrounding mutual funds and for the practitioner interested in funds for investment purposes. The authors briefly trace the historical evolution of funds, present important aspects of the Investment Company Act of 1940, and then summarize a substantial portion of the academic literature which has been written over the past five decades.

"This book presents an outstanding wealth of information on mutual funds in a remarkably readable format. It is probably the most comprehensive work currently available on funds. The book sheds light on the numerous issues surrounding mutual fund performance and pricing and is an important resource for any serious investor."

Kathleen A. Wayner, Bowling Portfolio Management, President and CEO



Funds Investment Mutual Fund Performance Mutual Funds Portfolio Portfolio Management

Authors and affiliations

  • Seth C. Anderson
    • 1
  • Parvez Ahmed
    • 1
  1. 1.University of North Florida

Bibliographic information