Mutual Funds Structure and Risk
An interview with Prof. John Morley
Mutual funds in the US own about 1/3 of all American corporate stocks and currently hold over $16 trillion in assets, making mutual funds the largest category of household financial assets. So when it comes to the US economy, they matter in a big way. Professor John Morley of Yale Law explores the unique structure of mutual funds that creates risks and opportunities for funds and investors.
