Financial intermediation is not confined to bank lending but is also carried out by non-bank firms such

Question:

Financial intermediation is not confined to bank lending but is also carried out by non-bank firms such as mutual fund companies. How do help overcome information problems in financial markets?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...