Pension funds are amongst the largest institutional investors, owning one third of shares issued in Britain and on fifth of gilt-edged stock. Yet relatively little research has been done into this area despite their importance to the financial system. This book explains the way pension funds work in order to highlight their effect on the economy as a whole.
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Pension funds are amongst the largest institutional investors, owning one third of shares issued in Britain and on fifth of gilt-edged stock. Yet relatively little research has been done into this area despite their importance to the financial system. This book explains the way pension funds work in order to highlight their effect on the economy as a whole.
Read Less
