Reviews
The fine sweep of this little history is worth a place on the bedside reading stand, not only of indy=ustry specialists but also of students of economic philosophy., "An excellent account...elegant prose that is impressively free of jargon. ... very timely indeed."-- TLS, October 2008"The book is an exception to the standing rule that participants are typically unable to write objective histories of their own bailiwicks. ...simultaneously a narrative history of the mutual funds, a partial autobiography, and a critique of the regulatory process. The result of this eclectic approach is surprisingly satisfactory, as Fink manages to present information that will be useful to academic researchers, lawmakers, and government regulators."-- Business History Review"Matt Fink writes about mutual funds with the diligence of a scholar, the passion of an enthusiast and the authenticity of one who helped grow the industry from billions to trillions in our lifetime. His new book-- The Rise of Mutual Funds: An Insiders View --is must-reading for trustees, fund executives, legislators, regulators, students and journalists writing about financial services. I recommend it with enthusiasm."--William L. Armstrong, US. Senator (retired), Chairman, Denver-based Oppenheimer Funds"Matt Fink was an active participant in the rise of the U.S. mutual fund industry from cottage industry to global force. His historical perspectives and real-time commentary make this book a must read for people interested in the past, present, and future of this vital industry."--Jack Brennan, Chairman, Vanguard"No-one is better-positioned than Matthew Fink to write about the extraordinary rise of mutual funds as key financial institutions in America. The mutual fund industry has brought to the individual investor a high level of professional investment management that extends over a very broad range of investment styles, sectors and world markets. The rise of the 401(k) Plan has meant that large portions of what had been classic institutional investor assets are now mutual funds subject to the control of individual investors. It is an amazing story told by the man at the center of it all."--Stephen J. Friedman, President of Pace University and former Commissioner, Securities and Exchange Commission"Matthew Fink has written an extraordinarily well-informed 'insider's view' of the recent history of the mutual fund industry. Building on his expertise as past President of the Investment Company Institute and his participation in virtually every relevant Congressional or SEC debate, Fink provides a comprehensive and learned account of why mutual funds have grown to become this country's most distinctive and most widely held investment vehicle."--Joel Seligman, President, University of Rochester"Matt Fink writes about mutual funds with the diligence of a scholar, the passion of an enthusiast and the authenticity of one who helped grow the industry from billions to trillions in our lifetime. His new book-- The Rise of Mutual Funds: An Insiders View --is must-reading for trustees, fund executives, legislators, regulators, students and journalists writing about financial services. I recommend it with enthusiasm."--William L. Armstrong, US. Senator (retired), Chairman, Denver-based Oppenheimer Funds"As a lobbyist and eventual head of the Investment Company Institute, Matthew P. Fink watched and helped foment the mutual fund industry's most rapid growth in the 1980s and 90s. His new book, The Rise of Mutual Funds (Oxford University Press), traces its origins in the stock market-crazed 1920s, and the battle to regulate investments in the New Deal. It sums highlights like the 1936 tax on dividends that made fund ownership more attractive; and the funds' later promotion as 'insurance against Socialism or Communism.'"-- The Philadelphia Inquirer Online"Matt Fink was an active participant in the rise of the U.S. mutual fund industry from cottage industry to global force. His historical perspectives and real-time commen, "Matt Fink writes about mutual funds with the diligence of a scholar, the passion of an enthusiast and the authenticity of one who helped grow the industry from billions to trillions in our lifetime. His new book--The Rise of Mutual Funds: An Insiders View--is must-reading for trustees, fund executives, legislators, regulators, students and journalists writing about financial services. I recommend it with enthusiasm."--William L. Armstrong, US. Senator (retired), Chairman, Denver-based Oppenheimer Funds "Matt Fink was an active participant in the rise of the U.S. mutual fund industry from cottage industry to global force. His historical perspectives and real-time commentary make this book a must read for people interested in the past, present, and future of this vital industry."--Jack Brennan, Chairman, Vanguard "No-one is better-positioned than Matthew Fink to write about the extraordinary rise of mutual funds as key financial institutions in America. The mutual fund industry has brought to the individual investor a high level of professional investment management that extends over a very broad range of investment styles, sectors and world markets. The rise of the 401(k) Plan has meant that large portions of what had been classic institutional investor assets are now mutual funds subject to the control of individual investors. It is an amazing story told by the man at the center of it all."--Stephen J. Friedman, President of Pace University and former Commissioner, Securities and Exchange Commission "Matthew Fink has written an extraordinarily well-informed 'insider's view' of the recent history of the mutual fund industry. Building on his expertise as past President of the Investment Company Institute and his participation in virtually every relevant Congressional or SEC debate, Fink provides a comprehensive and learned account of why mutual funds have grown to become this country's most distinctive and most widely held investment vehicle."--Joel Seligman, President, University of Rochester, "An excellent account...elegant prose that is impressively free of jargon. ... very timely indeed."--TLS, October 2008"The book is an exception to the standing rule that participants are typically unable to write objective histories of their own bailiwicks. ...simultaneously a narrative history of the mutual funds, a partial autobiography, and a critique of the regulatory process. The result of this eclectic approach is surprisingly satisfactory, as Fink manages to present information that will be useful to academic researchers, lawmakers, and government regulators."--Business History Review"Matt Fink writes about mutual funds with the diligence of a scholar, the passion of an enthusiast and the authenticity of one who helped grow the industry from billions to trillions in our lifetime. His new book--The Rise of Mutual Funds: An Insiders View--is must-reading for trustees, fund executives, legislators, regulators, students and journalists writing about financial services. I recommend it with enthusiasm."--William L. Armstrong, U.S. Senator (retired), Chairman, Denver-based Oppenheimer Funds"Matt Fink was an active participant in the rise of the U.S. mutual fund industry from cottage industry to global force. His historical perspectives and real-time commentary make this book a must read for people interested in the past, present, and future of this vital industry."--Jack Brennan, Chairman, Vanguard"No-one is better-positioned than Matthew Fink to write about the extraordinary rise of mutual funds as key financial institutions in America. The mutual fund industry has brought to the individual investor a high level of professional investment management that extends over a very broad range of investment styles, sectors and world markets. The rise of the 401(k) Plan has meant that large portions of what had been classic institutional investor assets are now mutual funds subject to the control of individual investors. It is an amazing story told by the man at the center of it all."--Stephen J. Friedman, President of Pace University and former Commissioner, Securities and Exchange Commission"Matthew Fink has written an extraordinarily well-informed 'insider's view' of the recent history of the mutual fund industry. Building on his expertise as past President of the Investment Company Institute and his participation in virtually every relevant Congressional or SEC debate, Fink provides a comprehensive and learned account of why mutual funds have grown to become this country's most distinctive and most widely held investment vehicle."--Joel Seligman, President, University of Rochester"As a lobbyist and eventual head of the Investment Company Institute, Matthew P. Fink watched and helped foment the mutual fund industry's most rapid growth in the 1980s and 90s. His new book, The Rise of Mutual Funds (Oxford University Press), traces its origins in the stock market-crazed 1920s, and the battle to regulate investments in the New Deal. It sums highlights like the 1936 tax on dividends that made fund ownership more attractive; and the funds' later promotion as 'insurance against Socialism or Communism.'"--The Philadelphia Inquirer Online"A terrific new book."--Chuck Jaffe, MarketWatch.com"Mathew P. Fink tackles a subject that has not been adequately addressed by financial historians.... Fink must be commended for his focused, wide-ranging bibliography."--Business History Review