Bruce R. Bent

http://dbpedia.org/resource/Bruce_R._Bent an entity of type: Thing

Bruce Roger Bent (born May 25, 1937) is an American businessman credited with inventing the world's first money market fund, the Reserve Fund, with Henry B. R. Brown in 1970. Bent and Brown created an organizational structure by which investors could pool cash to gain access to the market for short-term money obligations. Money market funds now manage more than US$3.0 trillion, serving tens of millions of investors. rdf:langString
rdf:langString Bruce R. Bent
rdf:langString Bruce R. Bent
rdf:langString Bruce R. Bent
xsd:date 1937-05-25
xsd:integer 1327514
xsd:integer 1028142648
xsd:date 1937-05-25
rdf:langString Bruce Roger Bent
rdf:langString Co-creator Money market funds
rdf:langString American
rdf:langString Chairman, Double Rock Corporation
xsd:integer 1970
rdf:langString Bruce Roger Bent (born May 25, 1937) is an American businessman credited with inventing the world's first money market fund, the Reserve Fund, with Henry B. R. Brown in 1970. Bent and Brown created an organizational structure by which investors could pool cash to gain access to the market for short-term money obligations. Money market funds now manage more than US$3.0 trillion, serving tens of millions of investors. In the book One Up on Wall Street, published in 1989, Peter Lynch wrote that "there ought to be a monument to Bruce Bent and Henry B.R. Brown" in regards to their role in inventing the money market fund. The American Museum of Financial History, an affiliate of the Smithsonian Institution, also recognized the money market fund's importance and impact on the nation's financial history.
xsd:nonNegativeInteger 8088
xsd:gYear 1970
rdf:langString Bruce Roger Bent
xsd:gYear 1937

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