SEC Investment Management Chief Speaks on Doing Investment Companies Well
Reynolds Holding
MARCH 30, 2022
9] Efficient market theorists would likely posit that, for an investment company, the salient quality or benefits of membership relate to financial performance, which comprises returns and fees. So can investors in a fund with poor returns or high fees exit? For the most part, of course they can. For the most part, that depends.
45 
Let's personalize your content