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Article: US institutional investors boost control of equity market assets
- Article from:
- Xinhua News Agency
- Article date:
- October 11, 2005
CopyrightCopyright 2005 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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US institutional investors boost control of equity market assets
NEW YORK, Oct. 11 (Xinhua) -- Despite stock market declines in the
last few years, institutional investors have boosted their equity
ownership control of US markets, said the Conference Board' s
Institutional Investment Report Tuesday.
Latest data show that US institutional investors controlled 19.
634 trillion dollars in assets in 2003, nearly matching their peak of
19.664 trillion dollars in 1999.
That was before the market shake-out in 2000-2002, when total
institutional investor assets dropped to 17.5 trillion dollars.
"This means that, despite a brief hiatus, the economic power and
clout of US institutional investors ...