{"product_id":"the-origins-of-asset-management-nigel-edward-morecroft-9783319847580","title":"The Origins of Asset Management from 1700 to 1960: Towering Investors","description":"This book explores the origins and development of the asset management profession in Britain as a distinct activity within financial services, independent of banks and stockbrokers. Specifically, it identifies the main individuals and institutions after 1868 who established the profession. The book draws a distinction between banks (short-term deposit-taking) and asset management (an investment service with longer-term objectives). It explains why some banks fail but asset management businesses generally do not. It argues that asset management has been socially useful and has had a beneficial impact on the development of securities markets by offering choices to savers as an alternative to banks, improving the efficiency of capital allocation, re-cycling excess savings productively and enabling a range of investors - from institutions to individuals - to benefit from thoughtful, long-term investing.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Nigel Edward Morecroft\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3319847589\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783319847580\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Palgrave MacMillan\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/30\/2018\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 343\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.27h x 5.83w x 0.75d","brand":"Nigel Edward Morecroft","offers":[{"title":"Paperback","offer_id":43940785324287,"sku":"9783319847580","price":54.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_2dce9d61-b421-4f68-8615-d376d46a5f1c.jpg?v=1681449167","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-origins-of-asset-management-nigel-edward-morecroft-9783319847580","provider":"WR Book House","version":"1.0","type":"link"}