RECOVERY OF THE EUROPEAN ASSET MANAGEMENT TEN YEARS AFTER THE FINANCIAL CRISIS

Monika Matušovičová and Denis Matušovič
Additional contact information
Monika Matušovičová: Faculty of Commerce, University of Economics in Bratislava
Denis Matušovič: Faculty of National Economy, University of Economics in Bratislava

Ekonomski pregled, 2019, vol. 70, issue 5, 782-801

Abstract: The article is analyzing the current situation of the European asset management after the financial crisis 2007-09 and compares the difference to the dot com bubble in 2000-03. It compares European assets under management with the global situation as well as European macroeconomic indicators including gross domestic product and employment. The analysis is supported by the comparison of reactions of the financial market and gross domestic product to dot com bubble and financial crisis. Results of the analysis show that the industry has fully recovered from the financial crisis with the European assets under management well above pre-crisis peak. Equity funds are nowadays the most preferred type of mutual fund in the Eurozone followed by bond funds. That points to increased and renewed risk appetite of investors after the crisis. In the end is the article supported by other important aspects of European asset management as changing monetary policies of European Central Bank and Federal Reserve.

Keywords: European asset management; financial crisis; mutual funds; dot com bubble; macroeconomic analysis (search for similar items in EconPapers)
JEL-codes: G01 G10 G12 G15 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.32910/ep.70.5.6 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hde:epregl:v:70:y:2019:i:5:p:782-801

Ordering information: This journal article can be ordered from
Ekonomski pregled, Hrvatsko društvo ekonomista, Heinzelova 4a, 10000 Zagreb, Croatia
http://www.hde.hr/pregled_en.aspx

Access Statistics for this article

Ekonomski pregled is currently edited by Josip Tica

More articles in Ekonomski pregled from Hrvatsko društvo ekonomista (Croatian Society of Economists) Contact information at EDIRC.
Bibliographic data for series maintained by Josip Tica ().