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- Source :
- Forbes; 8/10/1987, Vol. 140 Issue 3, p12-12, 1p
- Publication Year :
- 1987
-
Abstract
- The article reports on the trend of increasing the portfolio values of individuals from a minimum amount of $4 to $5 million by investment companies in the U.S. It is accounted that as Bessemer Trust and Morgan Guaranty increased its minimum investments, small managers of investment companies such as Randall Rose & Co. followed suit by raising its minimum from $250,000 to $500,000. It is covered that increased of minimums reduces paperwork's for managers without cutting into profits.
Details
- Language :
- English
- ISSN :
- 00156914
- Volume :
- 140
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Forbes
- Publication Type :
- Periodical
- Accession number :
- 19561860