This article explains what independent fund directors should know about fund litigation. While independent directors were named defendants in prior lawsuits - for example, § 36(b) excessive fee lawsuits - the scope of litigation that followed 2003 was without precedent both in terms of the...

While oil-rich countries of the Persian Gulf or Asian countries with immense foreign exchange surpluses dominated the financial debates with their Sovereign Wealth Funds, France decided to launch its own, comparatively very small, Fonds Stratégique d'Investissement, in the middle of the crisis...

We review the literature on the risks and returns of private equity funds, comparing the different datasets used in academic research. Irrespective of the datasets used, average returns seem to be lower than public equity returns and, in any event, less spectacular than often conjectured. Buyout...

Mutual Funds in India are financial instruments. A mutual fund is not an alternative investment option to stocks and bonds, rather it pools the money of several investors and invests this in stocks, bonds, money market instruments and other types of securities. The owner of a mutual fund unit...

Park Hyeon-Joo, the founder and Chairman of Korea's earliest and largest mutual fund company, plans to expand internationally. After first offering emerging market funds to his Korean customers, the company then began selling local-currency funds in India and Brazil. Now he has to decide his...

A discussion of the impact of hedge funds on the crisis is a recurring feature of every financial crisis. Even though the course of events in previous crises may have been very different, the criticism of hedge funds tends to be the same. This article discusses the impact of hedge funds on...

Is there a difference in the financial returns between a portfolio of funds based on the concept of Socially Responsible Investment (SRI) and a conventional index between 2002 and 2009 and is there a relation between financial and sustainability ratings based on the past performance of funds and...

This paper investigates the purchases and redemptions of a large cross-sectional sample of German equity funds. We find that investors punish bad performance by selling their shares, but also have a tendency to sell winners. Investors in large fund families show higher sales and redemption...

More choices... more flexibility... These terms are frequently used to describe the benefits of Alternative investments also termed as financial engineering products. But for many newcomers, the first words that may actually come to mind are ― more confusing. This topic is intended to shed...