期刊名称:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
印刷版ISSN:1844-7007
出版年度:2009
卷号:02
出版社:Academica Brâncuşi
摘要:Investment funds are quite typical representatives of the group of young and efficient financial intermediaries on the money market. These financial institutions have been created as a result of the rapid development of stock markets in industrialized countries. As a matter of facts, in these countries investment funds overtook traditional instruments from other financial institutions. We can mention for example savings and credits from banks, pension plans and retirements from pension funds as well as assurance policies from assurance companies. Therefore the role of investment funds is to intermediate between the industry and people as investors and between companies and the public sector as issuers of long term securities. The object of this study is to analyze the meaning of these same investment funds on stock markets in transition countries and in particular in the Republic of Macedonia.