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An evaluation of financial globalization under fund-manager capitalism: the case of the UK unit trust industry
Authors:Colin C Williams
Institution:Department of Geography, University of Leicester
Abstract:Drawing upon evidence from the UK unit trust industry, this paper evaluates the extent and nature of financial globalization. It finds that despite this rapidly growing and prominent form of fund-manager capitalism operating with increasingly mobile capital in a more inter-connected deregulated world, this does not signal the advent of homeless capital and the end of geography.
Keywords:financial globalization  mutual funds  financial services  geography of finance  United Kingdom
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