Institutional investors / E. Philip Davis and Benn Steil.
2001
HG4521 .D14 2001
Linked e-resources
Linked Resource
Online Access through The MIT Press Direct
Details
Title
Institutional investors / E. Philip Davis and Benn Steil.
ISBN
0262041928
9780262041928
0585377790 (electronic bk.)
9780585377797 (electronic bk.)
9780262271264 (e-book)
0262271265 (e-book)
9780262541756
9780262041928
0585377790 (electronic bk.)
9780585377797 (electronic bk.)
9780262271264 (e-book)
0262271265 (e-book)
9780262541756
Publication Details
Cambridge, Mass. : MIT Press, ©2001.
Language
English
Description
1 online resource (xxxi, 524 pages)
Call Number
HG4521 .D14 2001
Dewey Decimal Classification
332.67/154
Summary
One of the most important recent developments in financial markets is the institutionalization of saving associated with the growth of pension funds, life insurance companies, and mutual funds. An increasing proportion of household saving is now managed by professional portfolio managers instead of being directly invested in the securities markets or held in the form of bank deposits. With the aging of the population and its adverse impact on public pension systems, the shift of individual savings to institutional investors is likely to become even more marked in the coming years.This book provides a comprehensive economic assessment of institutional investment. It charts the development and performance of the asset management industry and analyzes the implications of rising institutionalized saving for the development of the securities trading industry, the financial sector as a whole, and the wider economy. The book draws extensively on international experience, particularly in the United States, Western Europe, and Japan.
Access Note
Access limited to authorized users.
Source of Description
OCLC-licensed vendor bibliographic record.
Added Author
Steil, Benn.
Record Appears in
Online Resources > Ebooks
All Resources
All Resources