ID3 vTIT2 * Money Managers and Mutual Funds - Part 1TCOP Knowledge Products, Inc.COMM k eng
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.TALB Money Managers and Mutual FundsTCON BusinessTRCK 1TXXX OverDrive MediaMarkers
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