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The Origins Of Asset Management From 1700 To 1960 Towerin

 
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MessagePosté le: Jeu 6 Juil - 16:03 (2017)    Sujet du message: The Origins Of Asset Management From 1700 To 1960 Towerin Répondre en citant


The Origins of Asset Management from 1700 to 1960: Towering Investors (Palgrave Studies in the History of Finance)
by Nigel Edward Morecroft



->->->->DOWNLOAD BOOK The Origins of Asset Management from 1700 to 1960: Towering Investors (Palgrave Studies in the History of Finance)


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.






The Origins of Asset Management from 1700 to 1960: Towering Investors (Palgrave Studies in the History of Finance) Nigel Edward Morecroft






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