Name: The Origins of Asset Management From 1700 to 1960: Towering Investors (Palgrave Studies in the History of Finance) (en Inglés)
Price: 266953.00 COP
Availability: InStock
Author: Nigel Edward Morecroft
ISBN: 9783319847580

portada The Origins of Asset Management From 1700 to 1960: Towering Investors (Palgrave Studies in the History of Finance) (en Inglés)

Formato

Libro Físico

Editorial

Palgrave Macmillan

Autor

Nigel Edward Morecroft

Año

2018

Idioma

Inglés

N° páginas

360

Encuadernación

Tapa Blanda

ISBN13

9783319847580

Categorías

Historia de la economía

The Origins of Asset Management From 1700 to 1960: Towering Investors (Palgrave Studies in the History of Finance) (en Inglés)

Nigel Edward Morecroft (Autor) · Palgrave Macmillan · Tapa Blanda

Libro Físico

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Reseña del libro "The Origins of Asset Management From 1700 to 1960: Towering Investors (Palgrave Studies in the History of Finance) (en Inglés)"

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.