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Institutional investors in Germany: Insurance companies and investment funds

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  • Maurer, Raimond H.

Abstract

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 financ ial regulation, and features of their asset-liability-management.

Suggested Citation

  • Maurer, Raimond H., 2003. "Institutional investors in Germany: Insurance companies and investment funds," CFS Working Paper Series 2003/14, Center for Financial Studies (CFS).
    • Handle: RePEc:zbw:cfswop:200314
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    Cited by:

    1. Raisa Kvasnytska, 2015. "Nature and composition of institutional investors of financial market," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 5, pages 48-50, May.
    2. Siebert, Horst, 2004. "Germany's capital market and corporate governance," Kiel Working Papers 1206, Kiel Institute for the World Economy (IfW Kiel).

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    More about this item

    Keywords

    Institutional Investors; Insurance Companies; Investment Funds; Regulation; Pension;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • 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

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