The Fund Industry: How Your Money is Managed (Wiley Finance) 2nd Edition

love it

Great book!

While mutual funds are far from obscure it is surprisingly difficult find a textbook on the subject, even though this reads more like a handbook. The author is meticulous in his details in reviewing the components of the fund industry. They even cover ETF's and Hedge products. I especially liked the perspectives on working in different parts of the business. For teachers out there the publisher also has accompanying powerpoint slides that go with the text. There are 2 other older versions of this book, while they are not all that different I have found the updates useful and sufficient. Great for classroom use or if you are curious about the inner workings of the fund industry