Institutional Investors in Germany: Insurance Companies and Investment Funds
AbstractThis 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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Bibliographic InfoPaper 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:
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Institutional Investors; Insurance Companies; Investment Funds; Regulation; Pension;
Find related papers by JEL classification:
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-02-23 (All new papers)
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