The classes cover topics like marketing and advertising, financial management, tax and legal issues, business plans, pricing, fund-raising and customer service.
Professor Zitzewitz said last year that despite the arbitrage possibilities inherent in mutual fund pricing, funds were not doing much to correct matters.
The Investment Company Institute, an industry trade association, argued at the same Senate hearing that pricing funds in units other than a dollar would scare off customers and destroy the industry.
Today, 25percentt of the T. Rowe Price fund is invested in local-currency debt.
The T. Rowe Price fund owns OTP and Hansabank, and Vontobel Eastern European Equity holds those two plus Pekao.
M. Campbell Gunn of the T. Rowe Price fund says that he has become more sensitive to the pitfalls of euphoria and bubbles.
MOST mutual funds that concentrate on Europe stick to the major western markets or, as the T. Rowe Price fund does, the region's emerging markets.
Most funds that concentrate on Europe invest throughout the region's developed countries or, as the T. Rowe Price fund does, the emerging markets.
Is your target-date fund as aggressive as the T. Rowe Price fund I wrote about this week, or as conservative as the Wells Fargo fund that was also in the column?
The Price fund, which gets five stars and a gold rating, the highest on both scales, holds domestic and foreign stocks and conventional bonds, along with convertible bonds, preferred stocks and leveraged loans.
But the ING fund focuses on Russia, and the T. Rowe Price fund had most of its assets in Russia, Israel and Turkey as of June 30, according to Morningstar, leaving only the Vontobel fund with a concentration in the European Union candidates.
