书目名称 | The Origins of Asset Management from 1700 to 1960 |
副标题 | Towering Investors |
编辑 | Nigel Edward Morecroft |
视频video | |
概述 | Focuses on the history of asset management in the UK.Draws comparisons with developments in the United States.Places asset management in the context of major historical events, both economic and finan |
丛书名称 | Palgrave Studies in the History of Finance |
图书封面 |  |
描述 | 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. |
出版日期 | Book 2017 |
关键词 | Financial history; Banking; Investments; Capital markets; John Maynard Keynes; Philip Rose; Robert Fleming |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-319-51850-3 |
isbn_softcover | 978-3-319-84758-0 |
isbn_ebook | 978-3-319-51850-3Series ISSN 2662-5164 Series E-ISSN 2662-5172 |
issn_series | 2662-5164 |
copyright | The Editor(s) (if applicable) and The Author(s) 2017 |