Original scientific paper
The Role of Portfolio Investors in Financial Sector Stability: The Case of Croatia
Ante Samodol
; Croatian Financial Services Supervisory Agency, Zagreb, Croatia
Stjepan Morović
; Croatian Financial Services Supervisory Agency, Zagreb, Croatia
Abstract
This paper examines the structure of the financial sector and the influence of funds on the development of capital markets, relation between assets of all funds, and government debt as wll as dynamics of funds assets in the restrictive monetary policy conditions introduced by the Croatian National Bank (CNB. The paper further analyses investment limitations according to the UCITS III criteria and investment limits of the mandatory pension funds (OMFs)
Keywords
portfolio investors; financial development; capital allocation; regulation; financial stability
Hrčak ID:
78668
URI
Publication date:
1.12.2008.
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