Money managers and mutual funds

Christensen, Don (Donald James) (Author). Rukeyser, Louis. (Added Author).

Summary: Money managers have served pharaohs, kings, emperors, popes, and merchant traders - and now are available to average investors. One of the most significant modern developments in money management was the creation of the "Prudent man rule" in 1830, setting a standard that managers must "conduct themselves honestly and discreetly and carefully." A major distinction between types of money managers is between the 'pass-through intermediary, ' who bears no risk on the client's behalf, vs. the 'risk-taking intermediary, ' who guarantees certain results and pays the consequences for non-performance.

Record details

ISBN: 0786165251 (sound recording : OverDrive Audio Book)
ISBN: 9780786165254 (sound recording : OverDrive Audio Book)
Physical Description: electronic resource
remote
Publisher: [Nashville, Tenn.] : Knowledge Products, [2006]

Content descriptions

General Note:	Downloadable audio file. Title from: Title details screen. Unabridged. Duration: 2:49:01.
Participant or Performer Note:	Read by Louis Rukeyser.
System Details Note:	Requires OverDrive Media Console Requires OverDrive Media Console (WMA file size: 40493 KB; MP3 file size: 79342 KB). Mode of access: World Wide Web.