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Introduction

Chapter
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Part of the Innovations in Financial Markets and Institutions book series (IFMI, volume 18)

Abstract

This chapter provides an introduction to the contents of each of the other five chapters in this volume. Chapter 2 presents an overview of investment company basics. Chapter 3 follows with a short history of the evolution of these firms. Chapters 4, 5, and 6 summarize the issues and findings of the research to date on closed-end funds, exchange-traded funds, and hedge funds.

Keywords

Open-end funds (mutual funds) Closed-end funds (CEFs) Unit investment trusts (UITs) Exchange-traded funds (ETFs) Hedge funds 

Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.College of Business and Information ScienceTuskegee UniversityTuskegeeUSA
  2. 2.College of Business AdministrationNortheastern UniversityBostonUSA
  3. 3.University of North FloridaJacksonville FLUSA

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