doi: 10.7763/IJIMT.2012.V3.245
Mutual Fund 2.0: Broader Perspective and Stronger Motivation
I-Ching Chen1
,
Shueh-Cheng Hu2
- 1Department of Information Management at Chung Chou University of Science and Technology, Yuanlin, Chang Huacounty, Taiwan 51003, RO C.
- 2Department of Computer Science and Communication Engineering at Providence University, Taichung city, Taiwan 43301, ROC.
Abstract
In Web 2.0 applications, quality of service could be repeatedly improved and contents of service could be continuously enriched by taking advantage of collective intelligence and diverse perspectives of participants. Based on the successful experience in many Web 2.0 applications, this article proposes a new approach aiming to better manage mutual funds’ portfolios through bonding investors in virtual communities. Using this approach, which appears like holding an online portfolio management tournament, the collective intelligence of elite individual investors and professional fund managers could be harnessed to improve fund performance. Besides, the participation of individual investors will form a rival atmosphere that results in stronger-motivated professional fund managers. After delineating the concepts, an operating procedure for conducting the new approach and a supportive Web-based environment were presented. Moreover, opinions and concerns of potential participants in this virtual investment community were collected and analyzed. Challenges for realizing the new concept also were discussed.
Keywords
- Collective intelligence
- collaborative management
- mutual fund
- web 2.0
How to Cite
I-Ching Chen and Shueh-Cheng Hu, "Mutual Fund 2.0: Broader Perspective and Stronger Motivation," International Journal of Innovation, Management and Technology, vol. 3, no. 4, pp. 310-314, 2012. https://doi.org/10.7763/IJIMT.2012.V3.245
Copyright & License
Copyright © 2012 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).