Institutional Investors

by E. Philip Davis and Benn Steil

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0262541750
• ISBN13: 9780262541756
• Release Date: January 2004
• Publisher: MIT Press
• Length: 560 Pages
• Weight: 1.76 lbs.
• Dimensions: 1.3" x 5.6" x 8.6"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher