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The Role of Portfolio Investors in Financial Sector Stability: The Case of Croatia

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  • Ante Samodol Stjepan Moroviæ

    (Croatian Financial Services Supervisory Agency, Zagreb, Croatia)

Abstract

This paper examines the structure of the financial sector and the influence of funds on the development of capital markets, relation between assets of all funds, and government debt as wll as dynamics of funds assets in the restrictive monetary policy conditions introduced by the Croatian National Bank (CNB. The paper further analyses investment limitations according to the UCITS III criteria and investment limits of the mandatory pension funds (OMFs).

Suggested Citation

  • Ante Samodol Stjepan Moroviæ, 2008. "The Role of Portfolio Investors in Financial Sector Stability: The Case of Croatia," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 11(Special C), pages 51-62, December.
    • Handle: RePEc:zag:zirebs:v:11:y:2008:i:sci:p:51-62
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