Fee Speech: Adverse Selection and the Regulation of Mutual Funds
收藏NBER1998-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6644
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资源简介：
The Investment Advisors Act of 1940 (as amended in 1970) prohibits mutual funds in the US from offering their advisers asymmetric incentive fee' contracts in which the advisers are rewarded for superior performance via-a-vis a chosen index but are not correspondingly penalized for underperforming it
提供机构：
美国国家经济研究局
创建时间：
1998-07-01
