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Wir sind gerne für Sie daThis book explores the origins and development of the asset management profession in Britain as a distinct activity within financial services, independent of banks and stockbrokers. Specifically, it identifies the main individuals and institutions after 1868 who established the profession. The book draws a distinction between banks (short-term deposit-taking) and asset management (an investment service with longer-term objectives). It explains why some banks fail but asset management businesses generally do not. It argues that asset management has been socially useful and has had a beneficial impact on the development of securities markets by offering choices to savers as an alternative to banks, improving the efficiency of capital allocation, re-cycling excess savings productively and enabling a range of investors - from institutions to individuals - to benefit from thoughtful, long-term investing.
Produkteigenschaften
- Artikelnummer: 9783319847580
- Medium: Buch
- ISBN: 978-3-319-84758-0
- Verlag: Springer International Publishing
- Erscheinungstermin: 30.08.2018
- Sprache(n): Englisch
- Auflage: 1. Auflage 2017
- Serie: Palgrave Studies in the History of Finance
- Produktform: Kartoniert, Previously published in hardcover
- Gewicht: 466 g
- Seiten: 343
- Format (B x H x T): 148 x 210 x 20 mm
- Ausgabetyp: Kein, Unbekannt