Fiduciary finance : investment funds and the crisis in financial markets /
Martin Gold.
- Cheltenham, UK ; Northampton, MA : Edward Elgar, c2010.
- xi, 191 p. : ill. ; 24 cm.
Includes bibliographical references and index.
PART I: Institutional investment and the industrial organization of fiduciary finance -- 1. An introduction to fiduciary finance -- 2. The investment business -- 3. Investment in its institutional setting -- PART II: The intellectual underpinnings of institutional investment -- 4. The science of investment -- 5. The active versus passive debate -- PART III: Fiduciary finance and the stability of financial markets -- 6. The gatekeepers of fiduciary finance -- 7. The rise of sovereign wealth funds -- 8. Sustainable investment strategies and fiduciary activism -- 9. Future financial crises: what role for investment funds? -- Appendix: A mathematical analysis of fund manager performance.