The Handbook of Equity Style Management
Third Edition
Dublin Core
Title
The Handbook of Equity Style Management
Third Edition
Third Edition
Subject
The Handbook of Equity Style Management
Third Edition
Third Edition
Description
Several changes have taken place in the past three decades in the U.S.
capital markets. An important one among them is the reduction in
the direct holdings of corporate equities by individual investors and a
corresponding increase in institutional holdings. The growth of mutual
funds and pension funds during this period has been the primary cause
of the sharp increase in the institutional holdings of equities in the U.S.
Whereas mutual funds and pension funds held only 14% of all U.S. corporate
equities in 1970, they held almost 40% by 2001.
1
While holding
equities through money management institutions has made it possible
for individual investors to reap diversification benefits and plan sponsors
to benefit from specialization, it has not been without cost.
capital markets. An important one among them is the reduction in
the direct holdings of corporate equities by individual investors and a
corresponding increase in institutional holdings. The growth of mutual
funds and pension funds during this period has been the primary cause
of the sharp increase in the institutional holdings of equities in the U.S.
Whereas mutual funds and pension funds held only 14% of all U.S. corporate
equities in 1970, they held almost 40% by 2001.
1
While holding
equities through money management institutions has made it possible
for individual investors to reap diversification benefits and plan sponsors
to benefit from specialization, it has not been without cost.
Creator
T. DANIEL COGGIN
FRANK J. FABOZZI
FRANK J. FABOZZI
Files
Collection
Citation
T. DANIEL COGGIN
FRANK J. FABOZZI, “The Handbook of Equity Style Management
Third Edition,” Portal Ebook UNTAG SURABAYA, accessed March 15, 2025, https://ebook.untag-sby.ac.id/items/show/201.