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Authors :
Poole, Claire
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