Author : Sebastien Michel Lemeunier
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (13 download)
Book Synopsis On the Origins of a Conflict of Interest in the Mutual Fund Industry by : Sebastien Michel Lemeunier
Download or read book On the Origins of a Conflict of Interest in the Mutual Fund Industry written by Sebastien Michel Lemeunier and published by . This book was released on 2013 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article discusses conflicts of interest existing between investors and their financial advisors. Several contributions in this field treated this question in relation either with invested amount or with expected holding period of the mutual fund. Our paper considers an approach globalizing these two parameters. The first part describes the organization of mutual fund fees in the US. Thanks to a numerical simulation, the second part emphasizes the conflict of interest focusing on the expected holding period. The third one analyses the changes of variables and their consequences on characteristics of investors concerned by this conflict of interest.