The years between 1990-2000 represented the rising power period for the institutional investors, especially within the developed countries. In the Anglo-Saxon environment, such a growth significantly modified the structure of companies’ shareholder frameworks. The development and the...

The rapid growth of the private pension funds industry has potential quantitative and qualitative effects for the capital markets, especially for the emerging markets. There are several factors that influence the decision to invest on the emerging markets and, in the case the decision to invest...