Research and Markets: Mutual Fund Management Companies Serve the 8,000 Mutual Funds Registered in the US
DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/d32e2e/mutual_fund_manage) has announced the addition of the "Mutual Fund Management" report to their offering.
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Executive Summary
Brief Excerpt from Industry Overview Chapter:
The US mutual fund management industry includes fewer than 1,000 companies with combined annual revenue of $100 billion. Large companies include Fidelity, Vanguard, American Funds, and T Rowe Price. The industry is highly concentrated.
Mutual fund management companies serve the 8,000 mutual funds registered in the US.
COMPETITIVE LANDSCAPE
Demand is affected by the growth of retirement capital and returns on alternative investments. The profitability of individual companies depends on investment expertise and effective marketing. Large companies have economies of scale in operations and marketing; small companies can compete effectively by producing higher investment returns. The industry is highly automated.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major management services include the initial formation of a mutual fund, sales and redemption of shares, investment advisory services, and day-to-day management.
Each mutual fund is a separate open-end investment company, with shareholders (the investors) and a board of directors, but no operating staff. All services are provided by outside contractors. The sponsor of a fund usually serves as investment adviser and manager of the fund, and receives an annual fee typically calculated as a percentage of fund's assets. Large mutual fund operators may sponsor and manage dozens of funds, collecting a management fee from each. In addition to paying a management fee, mutual funds pay the underwriters who sell their shares, the custodian of their portfolio, the transfer agent, and an independent auditor.
Key Topics Covered:
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Trends AND Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Website and Media Links
- Glossary of Acronyms
For more information visit http://www.researchandmarkets.com/research/d32e2e/mutual_fund_manage
Source: First Research
