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2003, vol. 31, iss. 1-2, pp. 61-68
Institutional investors-pension funds and life an nonlife insurance companies
Economics Institute, Belgrade
The subject of this article is analysis of Pension funds and Insurance companies as leading institutional investors on capital market in developed market economies. Development of institutional investors expands the number of alternatives for mobilization and profitable investment of liquid funds the development of the securities market and the competition between the financial institutions, causing a reduction of costs and efficiency improvement of the intermediation process.
Reilly, F.K., Brown, K.C. (1999) Investment analysis and portfolio management. Chicago, itd: Dryden Press, Sixth Edition


article language: Serbian
document type: Original Scientific Paper
published in SCIndeks: 02/06/2007