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Course: ECON 252, Spring 2008School: Yale
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Yale file:///H:/econ252/Financial-Markets/content/sessions/lecture18.html Open Courses ECON 252: Financial Markets Lecture 18 - Professional Money Managers and Their Influence << previous session | next session >> Overview: Most people are not very good at dealing in financial markets. Professional money managers, such as financial advisors and financial planners, assist individuals...
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Yale file:///H:/econ252/Financial-Markets/content/sessions/lecture18.html
Open Courses
ECON 252: Financial Markets
Lecture 18 - Professional Money Managers and Their Influence
<< previous session | next session >>
Overview:
Most people are not very good at dealing in financial markets. Professional money managers, such as
financial advisors and financial planners, assist individuals in matters of personal finance. FINRA and the
SEC monitor the activities of these managers in order to protect individual investors. Mutual funds, exchange
traded funds also exist to assist individual investments, and pension funds provide further services. These
investment institutions help people to put money in diversified portfolios and, in some cases, reap some tax
benefits funding for their retirement income.
Reading assignment:
Fabozzi et al. Foundations of Financial Markets and Institutions, chapter 9
William M. O'Barr and John M. Conley, Fortune & Folly: The Wealth & Power of Institutional Investing,
chapter 10, pp. 225-236
David Swensen, Pioneering Portfolio Management, chapter 2
Class lecture:
Resources:
PowerPoint slides from screen - Lecture 18 [PDF]
Yale University 2008. Some rights reserved. Unless otherwise indicated on this page or on the Open Yale
Courses website, all content on this page is licensed under a Creative Commons License (AttributionNonCommercial-ShareAlike 3.0)
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