Contents

Superstardom and Institutional Investor's All-British Research Team
by Raymond A. K. Cox and Robert T. Kleiman

A Comparison Between the European and the U.S. Mutual Fund Industry
by Rogér Otten and Mark Schweitzer

Exploring The Benefits of International Diversification and Currency Hedging for International Fund Portfolios
by Stephanos Papadamou and Stavros Tsopoglou

US and UK GAAP:
Important Differences for Financial Statement Preparers and Users
by Alan Reinstein and Thomas R. Weirich

Closed-End Country Fund Discounts and Systematic UK and US Market Movements:
Co-integration and Error Corrected Granger Causality Tests
by J. Andrea Bennett and Paul L. GronewollerJ. Andrea Bennett and Paul L. Gronewoller