£72.65

Springer Closed-End Investment Companies: Issues and Answers: 7 (Innovations in Financial Markets and Institutions, 7)

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£75.55 £72.36 £73.06 £73.75 £74.45 £75.14 £75.84 16 March 2026 29 March 2026 11 April 2026 24 April 2026 08 May 2026

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Description

Closed-End Investment Companies (CEICs) were the dominant form of investment companies in the United States during the early part of this century, but interest in them declined after the 1929 stock market crash. Since 1985, however, there has been a significant revival of interest in CEICs. A substantial amount of academic research has focused on the nature of closed-end funds, discounts and premiums, and on the share price behavior of these firms, which often results in the prices differing from the net asset value of the shares. This book is designed for the academic researcher interested in CEICs and the practitioner interested in using CEICs as an investment vehicle. The authors summarize the evolution of CEICs, present the factors that cause CEIC shares to trade at different levels from their net asset values, provide a complete survey of the academic literature on this topic, and summarize the current state of research on CEICs.

Product Specifications

Format
paperback
Domain
Amazon UK
Publication Date
08 October 2012
Listed Since
06 December 2012

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