Open Yale CoursesECON 252: Financial MarketsLecture 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 asfinancial advisors and financial planners, assist individuals in matters of personal finance. FINRA and theSEC monitor the activities of these managers in order to protect individual investors. Mutual funds, exchangetraded funds also exist to assist individual investments, and pension funds provide further services. Theseinvestment institutions help people to put money in diversified portfolios and, in some cases, reap some taxbenefits for funding their retirement income.Reading assignment:Fabozzi et al. Foundations of Financial Markets and Institutions
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