Read Investment Management in Boston: A History

Investment Management in Boston: A History

David Grayson Allen

4.9/5 (23703 ratings)

Description:Presented here for the first time is the history of Boston's evolution as a center of American money management from early settlement to the twenty-first century. Within a few decades after the Revolution, Bostonians built up an impressive mercantile and industrial economy, and used wealth accrued from the China trade, New England mills, and other ventures to establish the most important stock exchange in America. They also created the "Boston trustee," a unique professional who managed private fortunes over generations. During the late nineteenth century, Boston financial institutions were renowned as bastions of stability and conservatism in an era of recurrent economic panics and frequent failures.It was not until the twentieth century that Boston became better known for its role in investment management. In 1924, local financiers created the first mutual fund, an innovation almost a century in the making. After World War II, Boston originated venture capital with the founding of American Research & Development. This was soon followed by the development of private equity, the growth of the mutual fund industry, the pension "revolution" that changed and strengthened money management, the evolution in management of institutional endowments, and the rise of new family offices and hedge funds. The contributions of fiduciaries and investment managers have played an important part in the rise of the "New Boston" and made the city one of the most vibrant financial capitals in the world.Investment Management in Boston is published in association with Massachusetts Historical Society.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Investment Management in Boston: A History. To get started finding Investment Management in Boston: A History, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 1625341032

Description: Presented here for the first time is the history of Boston's evolution as a center of American money management from early settlement to the twenty-first century. Within a few decades after the Revolution, Bostonians built up an impressive mercantile and industrial economy, and used wealth accrued from the China trade, New England mills, and other ventures to establish the most important stock exchange in America. They also created the "Boston trustee," a unique professional who managed private fortunes over generations. During the late nineteenth century, Boston financial institutions were renowned as bastions of stability and conservatism in an era of recurrent economic panics and frequent failures.It was not until the twentieth century that Boston became better known for its role in investment management. In 1924, local financiers created the first mutual fund, an innovation almost a century in the making. After World War II, Boston originated venture capital with the founding of American Research & Development. This was soon followed by the development of private equity, the growth of the mutual fund industry, the pension "revolution" that changed and strengthened money management, the evolution in management of institutional endowments, and the rise of new family offices and hedge funds. The contributions of fiduciaries and investment managers have played an important part in the rise of the "New Boston" and made the city one of the most vibrant financial capitals in the world.Investment Management in Boston is published in association with Massachusetts Historical Society.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Investment Management in Boston: A History. To get started finding Investment Management in Boston: A History, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Investment Management in Boston: A History

Investment Management in Boston: A History

More Books

Investment Management in Boston: A History by David Grayson Allen (2015-01-13)

Investment Management in Boston: A History by David Grayson Allen (2015-01-13)

By David Grayson Allen - Accounting for Success: A History of Price Waterhouse in America, (1993-01-16) [Hardcover]

By David Grayson Allen - Accounting for Success: A History of Price Waterhouse in America, (1993-01-16) [Hardcover]

Accounting for Success: A History of Price Waterhouse in America, 1890-1990

Accounting for Success: A History of Price Waterhouse in America, 1890-1990

The Olmsted National Historic Site and the Growth of Historic Landscape Preservation

The Olmsted National Historic Site and the Growth of Historic Landscape Preservation

In English Ways: The Movement of Societies and the Transferal of English Local Law and Custom to Massachusetts Bay in the Seventeenth Century

In English Ways: The Movement of Societies and the Transferal of English Local Law and Custom to Massachusetts Bay in the Seventeenth Century

Seventeenth-Century New England (Volume 63)

Seventeenth-Century New England (Volume 63)

Bingham, Dana & Gould: A Centennial History

Bingham, Dana & Gould: A Centennial History

The History of Scudder, Stevens and Clark: 75 Years

The History of Scudder, Stevens and Clark: 75 Years