The Origins of Mutual Funds

Mutual funds emerged as early as the second half of the 18th century in The Netherlands. The paper traces the history of mutual funds from the development of securitization in the 17th century to the invention of depository receipts in the 19th century. The apparent motivation for organizing the first mutual funds was to provide diversification for small investors

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Year of publication:	[2015]
Authors:	Rouwenhorst, K. Geert
Publisher:	[2015]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (33 p)
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 12, 2004 erstellt
Classification:	G2 - Financial Institutions and Services ; N2 - Financial Markets and Institutions ; N23 - Europe: Pre-1913
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012750706