Institutional Investors in a Changing EconomyBased on a transcript of a [PLI] program presented April 9 and 10, 1970. |
Contents
TABLE OF CHAPTERS | 1 |
CHAPTER IIRESPONSIBILITY OF INVESTOR AND MANAGER | 29 |
PART TWOCURRENT TRENDS | 45 |
What Produces Performance | 53 |
COMPENSATION OF INVESTMENT MANAGERS | 59 |
V | 89 |
No Fees | 99 |
Economic Concentration | 102 |
2 | 269 |
XIVDisposition of Mutual Fund Brokerage | 285 |
XVThe SEC 17 d and Incentive Compensation | 317 |
4 | 324 |
7 | 339 |
XVIServing the Mutual Fund | 349 |
10 | 357 |
XVIIRecent Legal Developments | 373 |
Industry Interest and Public Interest | 122 |
Profitability | 129 |
CHAPTER VIIIREGIONAL EXCHANGES | 137 |
Eliminating the Minimum Commission | 148 |
Problems | 157 |
ix | 163 |
Public Ownership Rules | 173 |
Other Arguments for Present System | 184 |
XTechniques in Acquisition and Disposition | 187 |
Automated Communications | 190 |
Interpositioning | 192 |
Institutions Converging | 199 |
XIInHouse Asset Management | 209 |
Unbundling Revisited | 220 |
The Future | 226 |
XIIThe Specialized Brokerage Firm and | 231 |
Wrong Directions | 238 |
OvertheCounter Problems | 239 |
Mandatory Service | 257 |
XIIIBanks and Trust Companies | 263 |
Avoiding Impact of 16b | 379 |
Federal Reserve Regulations | 386 |
XVIIIAccounting Problems | 389 |
11 | 396 |
Frontiers of Valuation | 397 |
Conditions for Pooling | 403 |
LongTerm Investments | 409 |
APPENDIX ABACKGROUND TABLES | 411 |
12 | 423 |
APPENDIX BINSTINET FORMS | 433 |
113 | 434 |
91 | 435 |
179 | 436 |
100 | 441 |
133 | 442 |
209 | 444 |
187 | 445 |
398 | 446 |
Copyright | |