Jump to ContentJump to Main Navigation
Global Banking$
Users without a subscription are not able to see the full content.

Roy C. Smith, Ingo Walter, and Gayle DeLong

Print publication date: 2012

Print ISBN-13: 9780195335934

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780195335934.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 20 January 2020

Institutional Asset Management

Institutional Asset Management

Mutual Funds and Pension Funds

Chapter:
(p.206) Chapter 9 Institutional Asset Management
Source:
Global Banking
Author(s):

Roy C. Smith

Ingo Walter

Gayle Delong

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195335934.003.0009

This chapter discusses six important points about the asset-management industry: The industry is likely to grow substantially in the years ahead. Despite the prospects for rapid growth, the structure of the asset-management industry is likely to reflect a high degree of contestability. The rapid evolution of the institutional asset-management industry will have a major effect on financial markets. Cross-border asset allocation will grow disproportionately as a product of institutional investors’ search for efficient portfolios through international diversification. The development of deeper and broader global capital markets will fundamentally change the market for corporate control into a much more fluid one focused on financial performance and shareholder value. Developments in institutional asset management will pose strategic challenges for the management of banks and other traditional financial institutions.

Keywords:   asset management, corporate control, cross-border asset allocation

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .