Earlier this year John Bogle, the founder of the Vanguard fund-management group, and Burton Malkiel, an academic, wrote a Wall Street Journal piece asserting that fundamental funds charge higher fees and incur higher trading costs than index trackers.Meanwhile, Cliff Asness, of AQR Capital Management, argues that there is nothing new about fundamental indexing.
Don Phillips Morningstarr managing director): Well the real thing that surprises me is not that there's not more fund research, but there isn't more what I would call fundamental fund research.
It's true that Social Security has some fundamental funding problems in the future; problems resultant of mismanagement, lack of vision, and mistakes on the part of Congress.
"Risk of losing specialist services, unless fundamental funding flaws of PBR under-reimbursement, and PFI (over-costed due to paying interest on part of hidden national debts) are addressed".
This work is supported by the PhD scientific research start-up capital funded projects of Longdong University (XYBY05), the fundamental research funds for the Gansu universities (2015A-150).
The current work is financially supported by projects from National Natural Science Foundation of China (30921002), Hubei Provincial Natural Science Foundation (2009CDA080), the Fok Ying Tong Education Foundation (No. 114034), the Fundamental Research Funds for the Central Universities (2009PY016), the Special Fund for Agro-scientific Research in the Public Interest (201003067).
This study was funded by the European Seventh Framework Programme (Grant Number 034082) and the Fundamental Research Funds for the Central Universities (Grant Number 2014PY059).
This study was funded by the National Key Technology Support Program of China (2012BAC25B06, 2012BAC25B05) and the Fundamental Research Funds for the Central Universities (YS1407).
This research was supported by the National Hi-Tech R&D Program (2013AA102602, 2012AA101107), the National Natural Science Foundation of China (No. 31071452), the Doctoral Fund of Ministry of Education of China (No. 20100146110019) and the Fundamental Research Funds for the Central Universities (2011PY046).
This work was supported by the National 973-Plan (2012CB720800), the National Natural Science Foundation of China (31201362 and 31101278), the national science and technology support program (2012BAD37B01), the Fundamental Research Funds for the Central Universities (2014ZM0060) and the Funding of Guangdong Outstanding Dissertation (Dr. Zhenbo Xu).
Our own work was supported by the Agency for Science, Technology and Research, Singapore (to Y.L ., Zhejiang University College of Medicine [starting fund through the National 985 platform (to Y.L).], and the Fundamental Research Funds for the Central Universities (to L.-L.Z).
