Why did the proportion of equities in long-term funds increase from 42 percent in 1990 to 77

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Why did the proportion of equities in long-term funds increase from 42 percent in 1990 to 77 percent by 2000 and then decrease to 65 percent in 2020? How might an investor’s preference for a mutual funds’ objective change over time?

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Financial Institutions Management A Risk Management Approach

ISBN: 9781266138225

11th International Edition

Authors: Anthony Saunders, Marcia Millon Cornett, Otgo Erhemjamts

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