Marketing Hedge Funds in Europe

Paper Summary:

This paper looks at the history of pooled monetary funds. It discusses the difficulties experienced throughout recent history to get this concept publicly accepted but how, now, this is a very popular institution. It examines one example of this concept - Hedge funds, and the difficulties faced in marketing this concept in Europe.

From the paper:

"The idea of pooling money together for the purpose of investing started in Europe in the mid-1800s. The first pooled fund in the United States was created in 1893 for the faculty and staff of Harvard University. On March 21, 1924, the first mutual fund was started in the United States. It was called the Massachusetts Investor?s Trust. It grew from $50,000 in assets in 1924 to $392,000 one year later with approximately 200 shareholders. Today there are over 10000 in mutual funds in the US today totaling around $7 trillion dollars with approximately 83 million investors, according to Dustin Woodard at About.com."

More papers on Marketing Hedge Funds in Europe:

• Analytical Essay # 130240 : "Hedge Funds"
• Term Paper # 98571 : "Hedge Funds and Financial Markets"
• Analytical Essay # 116773 : "Hedge Funds and their Fall"

APA Citation:

MLA Citation: