Institutional investors

Author: (English) Davis
Publisher:
Publish Date: 2005-11-01
Features: This book covers two aspects of institutionalization: institutional investment and asset management. Institutional investors can be defined as a special type of financial institution that represents the interests of small investors, pooling their savings for management. With specific goals, within acceptable risk ranges and specified timeframes, they pursue the maximization of investment returns. Asset management can be defined as the actual process by which the assets collected by institutional investors are invested in capital markets. This book provides a detailed discussion of the process and current state of institutionalization, analyzing and comparing the institutionalization situations in various countries, with Anglo-Saxon countries being the primary focus. The research covers both aspects of institutionalization: institutional investment and asset management. The first three parts of the book review the origin, nature, and significance of the changes brought about by institutionalization by summarizing the experiences of industrialized countries. This change is considered one of the most significant factors affecting financial markets. Given the impact of population aging, institutional investors will further grow, and their influence will also expand. The fourth part of the book (Chapters 7 and 8) discusses the interrelationship between institutional trading and the evolution of market structure, with a focus on the stock market.