This important and timely new book offers in-depth and cogent analyses of the investment side of financial institutions and services. NYSE and regional trading are examined from 1993-2002. In addition, both competition and stock exchange reforms are studied. Secondary markets, derivatives and governance are the subject of comprehensive reviews. The timely issues of IPO activity, allocation, pricing and liquidity are presented and discussed. Hedge funds and their indices are carefully analysed as are funds of hedge funds. Mutual funds are dealt with within the context of entry decisions.Abstract. The importance of equity markets as a vehicle for capital formation is well recognized. However, the role of secondary equity markets in providing economically valuable governance services is equally significant. Secondary equityanbsp;...
|Title||:||Stock Exchanges, IPO's and Mutual Funds|
|Publisher||:||Nova Publishers - 2005-01-01|