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A Purely American Invention: The U.S. Open-End Mutual Fund Industry

Lee L. Gremillion

A Purely American Invention: The U.S. Open-End Mutual Fund Industry - image
Rating: 5.0/5 Stars
Rank: 54436
A Purely American Invention: The U.S. Open-End Mutual Fund Industry targets the needs of three audiences.

First, it seeks to help mutual fund industry employees who wish to gain an understanding of both the breadth of fund operations and the context in which they are performed.

Many industry members know only a limited subset of mutual fund functions- because they are new to the industry, or because their experience has been limited to a narrow functional area.

Business students studying the mutual fund industry form the second target audience. The mutual fund industry has grown in size andimportance to a point where mutual fund operations are taught as a subject in both undergratduate and MBA curricula.

This book serves as a text book for such courses, laying out for students what fund companies do, what their management functions and issues are, and how they evolved to their present form.

Finally, this book is for the general reader, perhaps him- or herself a mutual fund investor, who seeks to understand more about the industry.

Many individuals, when face with an unfamiliar phenomenon, naturally ask the question, "How does this thing work?" This book is intended for those whose curiosity prompts them to ask this question about mutual funds and the U.S. open-end fund industry.

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About the Author

Lee Gremillion is a partner with PricwaterhouseCoopers LLP, where he leads the Investment Management and Securities Operations consulting group in the Midwest.

His practice focuses on operations and systems within investment industry organizations such as mutual funds, insurance companies, investment managers, pension administrators, and banks.

He earned a doctoral degree from the Harvard Business School, and has been a professor of Management Information Systems at Indiana University and Boston University.

Prior to joining PricewaterhouseCoopers, he worked for IBM and The Colonial Group. Dr. Gremillion has been an active member of NICSA for almost ten years.



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Editorials

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A Purely American Invention: The U.S. Open-End Mutual Fund Industry
Lee L. Gremillion
 Book Description
A Purely American Invention: The U.S. Open-End Mutual Fund Industry targets the needs of three audiences. First, it seeks to help mutual fund industry employees who wish to gain an understanding of both the breadth... read full editorial




Customer Reviews

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A Purely American Invention: The U.S. Open-End Mutual Fund Industry
Lee L. Gremillion
 Well written, even-handed, and packed with information
(Columbia, SC) December 16, 2000 - 5.0/5 stars
The back cover of this book has a brief biography of the author, and it seems that the book benefits from his diverse background. His time as a professor shows in his insistence on backing up all his assertions with hard... read full review
 Well written, even-handed, and packed with information
(Columbia, SC) December 19, 2000 - 5.0/5 stars
This book is written in a clear, non-academic, and easy-to-follow style. And even though he generally speaks well of the industry, the author does not sugar-coat it. A number of illustrative anecdotes (the book is full... read full review




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