AMERIKAN INVESTMENT FUNDS -THE LARGEST INVESTMENT FUNDS IN THE FINANCIAL MARKET

Authors

  • Marina Jovović Business School of Applied Studies in Blace
  • Kristina Cvetković Business School of Applied Studies in Blace

DOI:

https://doi.org/10.5937/BIZINFO1502051J

Keywords:

mutual fund, largest, assets, households

Abstract

With $15 trillion in assets, the  U.S. mutual fund industry remained the largest in the world at  year-end 2013. accounting for half of the $30 trillion in mutual fund assets worldwide. Total net assets increased by nearly $2 trillion from the level at year-end 2012. The majority of U.S. mutual fund assets were in long-term funds.  Equity funds made up 52% of U.S.mutual fund assets at year-end 2013. An estimated 96 million individual investors owned mutual funds and held 90 percent of total mutual funs assets. Altogether, 56,7 million households or 46 percent of all U.S. households owned mutual funds.

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Published

2015-12-29

How to Cite

Jovović, M., & Cvetković, K. (2015). AMERIKAN INVESTMENT FUNDS -THE LARGEST INVESTMENT FUNDS IN THE FINANCIAL MARKET. BizInfo (Blace) Journal of Economics, Management and Informatics, 6(2), 51–69. https://doi.org/10.5937/BIZINFO1502051J

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