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Hardcover Chains of Finance: How Investment Management Is Shaped Book

ISBN: 0198802943

ISBN13: 9780198802945

Chains of Finance: How Investment Management Is Shaped

Investment is no longer a matter of individual savers directly choosing which shares or bonds to buy. Rather, most of their money flows through a 'chain': an often extended sequence of intermediaries. What goes on in that chain is of huge importance: The world's investment managers, who are now almost as well paid as top bankers, control assets equivalent in value to around a year of total global economic output.

In Chains of Finance, five...

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Format: Hardcover

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