A man looks at a board showing graphs of Japan's stock price indexes outside a brokerage in Tokyo June 5, 2012. (Reuters/Toru Hanai)
Opinion
Complex Funds Need Better Risk Disclosure
May 5, 2013, Robert C. Pozen and Theresa Hamacher
Robert Pozen and Theresa Hamacher argue that greater use of standardized, quantitative risk measures would help investors choose among new types of funds. Pozen and Hamacher explain why assessing the risk of specific mutual funds can be challenging and propose measures that finanical regulators can adopt to ease the process of risk comparison.