Fiduciary and legal considerations for student-managed investment funds
| Autor: | Suzanne Gradisher, John M. Clinebell, Douglas R. Kahl, Jerry L. Stevens |
|---|---|
| Rok vydání: | 2015 |
| Předmět: |
Fund of funds
Unit investment trust 050208 finance business.industry Manager of managers fund 05 social sciences Accounting Education 0502 economics and business Separately managed account Open-end fund ComputingMilieux_COMPUTERSANDEDUCATION Economics Business Management and Accounting (miscellaneous) Umbrella fund 050207 economics business Open-ended investment company Investment fund |
| Zdroj: | Journal of Education for Business. 91:83-89 |
| ISSN: | 1940-3356 0883-2323 |
| DOI: | 10.1080/08832323.2015.1122564 |
| Popis: | Student-managed investment funds are popular forms of experiential learning in business schools and finance departments. The investment management experience is a real world activity and the structure of the fund may also introduce real world fiduciary and legal responsibilities for students, faculty, and administrators. The authors review how the Uniform Prudent Management of Institutional Funds Act (UPMIF) and Investment Advisers Act of 1940 apply to common structures of student-managed funds. They summarize their findings to suggest the best structure of a student-managed fund depending on the source of funding and relevant requirements under the UPMIF and the Investment Advisers Act of 1940. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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