- The performance of bank-managed mutual
funds.
Abstract The ability of banks to offer proprietary mutual funds has expanded over recent years, and the mutual fund industry has been a significant growth area for banks. I examine the growth and performance of bank proprietary bond mutual funds. The empirical results show no evidence that bank-managed mutual funds ......
- Should you heed the siren song of third-party
firms.
There is a groundswell of interest in the financial services community in partnering with or acquiring third-party administrators. Banks, insurance companies, large employee benefit consulting firms, brokerage firms--even investment management firms--are looking at these specialized companies as avenues to new customers, new markets and increased profits, along with indirect access ......
- Making hay when it's raining.
Making hay when it's raining Bank trust departments reaped benefits in the aftermath of the October '87 crash. Careful counselling and conservative investing did the trick In the climate of fear and confusion engendered by the October 19, 1987 stock-market crash, money managers in bank trust departments have fared better ......
- High returns don't guarantee mutual fund
success.
In 1988, Lipper Analytical participated in a survey that asked the nation's biggest banks about their goals in the mutual fund business. Most respondents stressed that their main interest was in managing, rather than selling, funds. They saw investment management as more lucrative than marketing, and more in keeping with ......
- Investment consultants: A review of costs and
benefits. (Treasury Management).
In contrast to investment managers, who actually perform day-to-day management of an organization's portfolio and investment of its assets, investment consultants provide an overall investment plan or strategy and guidance in establishing a philosophy to govern an organization's investment portfolio of securities. The overall plan, or strategy, is aimed at ......
- Choosing an investment management
consultant.
Choosing an investment management consultant Finding the right investment consultant can significantly affect the performances of an institution's board-designated, operating, and building funds. Consultants can be hired to coordinate entire investment programs or to focus on specific objectives. An investment consultant can help an institution: * Establish an investment policy ......
- Are mutual funds in your future?
Following commercial banks and insurance companies, mutual funds represent the third largest segment of the nation's financial industry. More than 3,000 mutual funds had aggregate net assets in excess of $1 trillion at the end of 1989. The explosive growth of mutual funds in recent years has attracted the attention ......