An Evaluation of Financial Globalisation Under Fund-Manager Capitalism: The Case of the UK Unit Trust Industry
Area, vol. 33, no.4, pp. 360-367, 2001
8 Pages Posted: 27 Aug 2013
Date Written: 2001
Drawing upon evidence from the UK unit trust industry, this paper evaluates the extent and nature of financial globalisation. It finds that despite this rapidly growing and prominent form of fund-manager capitalism operating with increasingly mobile capital in a more inter-connected de-regulated world, this does not signal the advent of homeless capital and the end of geography.
Keywords: finance, fund management, globalization, mutual funds, investment trusts
JEL Classification: E44
Suggested Citation: Suggested Citation