Extreme Productivity Is Extremely Useful: Book Review of author Robert Pozen [Huffington Post]

By James Grundvig

‘Death by PowerPoint’ has been an old adage batted about by managers who have seen too many flat presentations jammed with too much information, while falling short on clarity of theme or message. Today, the same lament can be said about email.

‘Death by Email’ describes the ailment of what professionals are losing today: Time and productivity.

Read the rest at the Huffington Post

The Fund Industry – How Your Money is Managed

The latest book from Bob Pozen.
Every investor, student of finance and participant in the mutual fund industry needs to read this book. The Fund Industry details how mutual funds are marketed, regulated, and invested in stocks and bonds. The book also describes the critical factors needed to choose a specific fund for your investment or retirement plan, including what to look for when reading prospectuses, shareholder reports and third party reviews.
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The Fund Industry: How Your Money is Managed [Wiley]

Written by Robert Pozen and Theresa Hamacher, Fundamentals of the Fund Industry is the most in-depth and up-to-date guide to navigating the mutual fund industry, written in an accessible style with many examples and charts.The Fund Industry details how mutual funds are marketed, regulated, and invested in stocks and bonds. The book also describes the critical factors needed to choose a specific fund for your investment or retirement plan, including what to look for when reading prospectuses, shareholder reports and third party reviews. In addition, the book:

  • Discusses the spread of mutual funds to Asia, Europe, and Latin America
  • Compares mutual funds to other investment vehicles such as hedge funds and ETFs
  • Shows how to sort mutual funds by categories and subcategories based on security type and investment objective

Too Big to Save?

Industry luminary Robert Pozen offers his insights on the future of U.S. finance

(With foreward by Robert J. Shiller, Yale University)

Too Big To Save? How to Fix The U.S. Financial SystemThe recent credit crisis and the resulting bailout program are unprecedented events in the financial industry. While it’s important to understand what got us here, it’s even more important to consider how we should get out. While there is little question that immediate action was required to stabilize the situation, it is now time to look for a long-term plan to reform the United States financial industry.

That is where Bob Pozen comes in. Perhaps more than anyone in the industry, Pozen commands the respect and attention of the public and private sector. In this timely guide, he outlines his vision for the new financial future and provides actionable advice along the way.

To Pozen, there are four high-priority problems that must be addressed, and this book puts them in perspective

  1. Analyzes alternative models for government stakes in banks
  2. Recommends a new board structure for large financial institutions
  3. Examines the importance of broader Fed jurisdiction over systemic risks
  4. Proposes a way to revive the securitization of loans

With Too Big to Save, you’ll learn the likely future of the finance industry and understand why changes have to be made.

The Mutual Fund Business (2nd Edition)

The Mutual Fund Business (2nd Edition)
Pozen, a leading industry expert, offers a structured presentation of mutual funds for upper-level undergraduates and MBA students. The Mutual Fund Business, 2/e, covers the key principles of mutual fund investment theory through straightforward writing supported by selected articles and case studies.This text provides a comprehensive, firsthand look at the investment strategies supporting a $4 trillion industry undergoing significant growth in the U.S.

The Mutual Fund Business (MIT Press)

In the last decade, the number of mutual funds has tripled to more than 6,000 funds with more than $4 trillion in assets and more than 60 million individual shareholders. Yet there is no book on the mutual fund business designed for MBA and undergraduate business courses. The Mutual Fund Business, assembled by a leading industry expert, fills this gap.

The book is divided into four parts. Part I contains a general introduction to mutual funds, a short history of the industry, and an overview of mutual fund regulation. Part II covers portfolio management of stock funds and bond funds, as well as execution of fund trades. Part III discusses the marketing and servicing of mutual funds in the direct, intermediary, and retirement channels. Finally, Part IV delves into more specialized topics: the financial dynamics of mutual funds, mutual funds as institutional investors, the role of technology in mutual fund complexes, and the internationalization of mutual funds.

Each chapter contains not only a lengthy introduction and selected articles, but also a detailed case study or class exercise. An extensive teacher’s manual, with a complete set of lecture notes, slides (on diskette) to support the lectures, answers to the review questions for each chapter, and an analysis of each case study is available for instructors who adopt the book.