Free Download The New Power Brokers: The Rise of Asset Manager Capitalism and the New Economic Order
English | 2024 | ISBN: 3031647327 | 169 Pages | PDF EPUB (True) | 2 MB
Over the course of the last 70 years, asset managersfrom activist hedge funds to large passive index fund providershave come to own the substantial majority of corporate equities in the United States, and have wielded that ownership to fundamentally reshape the economy. For most of American history, investing was simple: you purchased shares and left the operation of the company to management. If you were dissatisfied with the firm’s performance, you sold your shares. With the rise of asset managers, shareholders now attempt to directly change the companies in which they invest.