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An evaluation of financial globalization under fund-manager capitalism: the case of the UK unit trust industry

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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: United Kingdom; financial globalization; financial services; geography of finance; mutual funds

Document Type: Research Article

DOI: https://doi.org/10.0000/026992099299149

Affiliations: Department of Geography, University of Leicester

Publication date: 2001-12-01

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