Institutional Investors in Global Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Institutional Investors in Global Markets write by Gordon L. Clark. This book was released on 2017. Institutional Investors in Global Markets available in PDF, EPUB and Kindle. This book is about what institutional investors do, how they do it, and when and where they do it; it is about the production of investment returns in the global economy. Being a book about the production process, it also tackles some of the key issues found in the academic literature on the theory of the firm.
Institutional Investors In Global Capital Markets
Institutional Investors In Global Capital Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Institutional Investors In Global Capital Markets write by Narjess Boubakri. This book was released on 2011-09-27. Institutional Investors In Global Capital Markets available in PDF, EPUB and Kindle. Examines various issues concerning the strategies of institutional investors, the role of institutional investors in corporate governance, their impact on local and international capital markets, as well as the emergence of sovereign and other asset management funds and their interactions with micro and macro economic and market environments.
Institutional Investors
Institutional Investors - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Institutional Investors write by E. Philip Davis. This book was released on 2004-01-30. Institutional Investors available in PDF, EPUB and Kindle. 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 pension systems, the shift of individual savings to institutional investors is likely to become even more marked in the coming years. This book provides a comprehensive economic assessment of institutional investment. It charts the development and performance of the asset management industry and analyzes the implications of rising institutionalized saving for the development of the securities trading industry, the financial sector as a whole, and the wider economy. The book draws extensively on international experience, particularly in the United States, Western Europe, and Japan.
Portfolio Preferences of Foreign Institutional Investors
Portfolio Preferences of Foreign Institutional Investors - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Portfolio Preferences of Foreign Institutional Investors write by Reena Aggarwal. This book was released on 2003. Portfolio Preferences of Foreign Institutional Investors available in PDF, EPUB and Kindle.
ESG and Responsible Institutional Investing Around the World: A Critical Review
ESG and Responsible Institutional Investing Around the World: A Critical Review - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook ESG and Responsible Institutional Investing Around the World: A Critical Review write by Pedro Matos. This book was released on 2020-05-29. ESG and Responsible Institutional Investing Around the World: A Critical Review available in PDF, EPUB and Kindle. This survey examines the vibrant academic literature on environmental, social, and governance (ESG) investing. While there is no consensus on the exact list of ESG issues, responsible investors increasingly assess stocks in their portfolios based on nonfinancial data on environmental impact (e.g., carbon emissions), social impact (e.g., employee satisfaction), and governance attributes (e.g., board structure). The objective is to reduce exposure to investments that pose greater ESG risks or to influence companies to become more sustainable. One active area of research at present involves assessing portfolio risk exposure to climate change. This literature review focuses on institutional investors, which have grown in importance such that they have now become the largest holders of shares in public companies globally. Historically, institutional investors tended to concentrate their ESG efforts mostly on corporate governance (the “G” in ESG). These efforts included seeking to eliminate provisions that restrict shareholder rights and enhance managerial power, such as staggered boards, supermajority rules, golden parachutes, and poison pills. Highlights from this section: · There is no consensus on the exact list of ESG issues and their materiality. · The ESG issue that gets the most attention from institutional investors is climate change, in particular their portfolio companies’ exposure to carbon risk and “stranded assets.” · Investors should be positioning themselves for increased regulation, with the regulatory agenda being more ambitious in the European Union than in the United States. Readers might come away from this survey skeptical about the potential for ESG investing to affect positive change. I prefer to characterize the current state of the literature as having a “healthy dose of skepticism,” with much more remaining to be explored. Here, I hope the reader comes away with a call to action. For the industry practitioner, I believe that the investment industry should strive to achieve positive societal goals. CFA Institute provides an exemplary case in its Future of Finance series (www.cfainstitute.org/research/future-finance). For the academic community, I suggest we ramp up research aimed at tackling some of the open questions around the pressing societal goals of ESG investing. I am optimistic that practitioners and academics will identify meaningful ways to better harness the power of global financial markets for addressing the pressing ESG issues facing our society.
