eBook - PDF

The Origins of Asset Management from 1700 to 1960

Name: The Origins of Asset Management from 1700 to 1960
ISBN: 9783319518503

Towering Investors

Nigel Edward Morecroft,

English
PDF
Available on iOS & Android

eBook - PDF

The Origins of Asset Management from 1700 to 1960

Towering Investors

Nigel Edward Morecroft,

About this book

This 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.

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Yes, you can access The Origins of Asset Management from 1700 to 1960 by Nigel Edward Morecroft in PDF and/or ePUB format, as well as other popular books in Economics & Corporate Finance. We have over one million books available in our catalogue for you to explore.