Studying the mutual fund business is central to understanding investment management as a whole. Given the enormous size of the mutual fund industry around the world, there are important implications for other areas of finance, from asset pricing to corporate governance.
In this course, we will survey up-to-date evidence on key issues surrounding mutual funds. The aim is to gain an in-depth understanding of the state of the mutual fund industry, as well as a set of tools to develop this understanding further.Course offered by Department of Business studies, Aarhus School of Business, AU.
Period
01-08-2011 - 19-08-2011 (3 weeks)
Target group
Prior study of investments including portfolio optimization, CAPM, multi-factor models, and market efficiency Ability to interpret and conduct basic statistical analysis (up to multivariate linear regression)
Course aim
Understand the state of the mutual fund industry and the challenges it faces Gain insight into the decision-making of fund investors, fund managers, and management companies Develop familiarity with the academic literature on mutual funds and main areas of current research Acquire tools to analyze individual funds and to answer specific questions about the industry Become aware of mutual funds influence on other areas of finance.
Credits
5.0 ECTS credits
Course fee
EUR 0Visit website for information regarding fees
Course leader
David Stolin, Toulose University
Aarhus University International Centre
Address: Hoeg Guldbergs Gade 4, building 1650 Aarhus C
Postal code: 8000
City: Aarhus
Country: Denmark
Website: http://www.au.dk/summeruniversity
E-mail: SummerUniversity@adm.au.dk
Phone: +45 8942 2320
Mutual Funds