This chapter focuses on institutional investors in the German financial markets. Institutional investors are specialized financial intermediaries who collect and manage funds on behalf of small investors toward specific objectives in terms of risk, return and maturity. The major types of institutional investors in Germany are insurance companies and investment funds. We will examine the nature of their businesses, their size and role in the financial sector, the size and the composition of the assets under their management, aspects of financial regulation, and features of their asset-liability-management.
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Paper provided by Center for Financial Studies in its series CFS Working Paper Series with number
2003/14.
Length: 41 pages Date of creation: 14 Jan 2003 Date of revision: Handle: RePEc:cfs:cfswop:wp200314
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