It's time to moderate the herd instinct (Record no. 68605)

MARC details
000 -LEADER
fixed length control field 01449cam a2200229 4500
001 - CONTROL NUMBER
control field ABS64666
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 011018n2001 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u115185
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Plender, J.
245 ## - TITLE STATEMENT
Title It's time to moderate the herd instinct
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2001
490 ## - SERIES STATEMENT
Series statement Estates Gazette
Volume/sequential designation (0141) 13 October 2001, 46(1)
520 ## - SUMMARY, ETC.
Summary, etc. Analysis of the activities of fund managers in the context of the US stock market which finally slowed its growth levels after captalisation had reached 181% of gross domestic product. This is compared with a 60-year moving average of around 50%. Argues that fund managers sometimes aid the market overshoot by moving in the same way and time as their competitors to minimise their own business risks. Indicators that fund managers including those in the UK should have increased their allocation to property which may have provided better returns than equities. Believes there is no perfect remedy for the 'herd instinct' of some fund managers, but it would be useful if certain conflicts of interest could be solved such as when certain professional managers put their own interests before their obligation to beneficiaries.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element FUND MANAGERS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element STOCK MARKET CAPITALISATION
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element STOCK MARKET
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PROPERTY INVESTMENT
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element VENTURE CAPITAL
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element MANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 18/10/2001   ABS64666 115185-1001 06/08/2019 1 06/08/2019 Journal article