The recent surge in the use of team-managed funds in the mutual fund industry suggests that the benefits of team management might outweigh its costs. However, extant empirical evidence is not consistent with the view that team managed funds generate superior returns relative to individual...

Faith Based Funds (FBF) invest in companies whose products and policies are consistent with the religious preferences of their investors. These funds can be viewed as a subset of the more commonly known Socially Responsible Funds (SRF). While SRF applies screens on secular social concerns, FBF...