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Investment Opportunities Fast Facts, Last Updated:09/07/2010 The equities held by private individuals are often held viamutual fundsor other forms of pooled investment vehicle, many of which havequoted prices that are listed in financial newpapers or magazines;the mutual funds are typically managed by prominent fund managementfirms (e.g. Fidelity or Vanguard). Such holdings allow individualinvestors to obtain the diversification of the fund(s) and to obtainthe skill of the professional fund managers in charge of thefund(s). An alternative usually employed by large private investorsand institutions (e.g. large pension funds) is to hold sharesdirectly;in the institutional environment many clients that ownportfolios have what are called segregated funds as opposed to, orin addition to, the pooled e.g. mutual fund alternative. |
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