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New Financial Instruments and Institutions Book

New Financial Instruments and Institutions
New Financial Instruments and Institutions, New financial instruments —such as structured financial products and exchange-traded funds —and new financial institutions —including hedge funds and private-equity funds —present opportunities as well as policy and regulatory challenges in U.S. and Japan, New Financial Instruments and Institutions has a rating of 3 stars
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New Financial Instruments and Institutions, New financial instruments —such as structured financial products and exchange-traded funds —and new financial institutions —including hedge funds and private-equity funds —present opportunities as well as policy and regulatory challenges in U.S. and Japan, New Financial Instruments and Institutions
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  • New Financial Instruments and Institutions
  • Written by author Yasuyuki Fuchita
  • Published by Brookings Institution Press, June 2007
  • New financial instruments —such as structured financial products and exchange-traded funds —and new financial institutions —including hedge funds and private-equity funds —present opportunities as well as policy and regulatory challenges in U.S. and Japan
  • Japan's financial institutions and instruments are closely related to the United States model. In both countries, new financial instruments, such as structured financial products and exchange-traded funds (ETFs), and new financial institutions--which incl
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Authors

Preface

1. Introduction - by Yasuyuki Fuchita and Robert E. Litan

2. ETFs and REITs in Japan: Innovation and Steps for Future Growth - by Yuta Seki

3. Securitization of Residential Mortgages: Can Japan Create a "Good" GSE? - by Yasuyuki Fuchita

* Comment on chapters 2 and 3 by Adam S. Posen

4. Gap Filling, Hedge Funds, and Financial Innovation - by Frank Partnoy and Randall Thomas

5. The Rise of the U.S. Private Equity Market - Thomas Boulton, Kenneth Lehn, and Steve Segal

* Comment on chapters 4 and 5 by Franklin R. Edwards

6. Policy Issues Raised by Structured Products - by Jennifer E. Gethel and Allen Ferrell

7. The Development of Improved Exchange-Traded Funds in the United States - by Todd J. Broms and Gary L. Gastineau

* Comment on chapters 6 and 7 by Kenneth E. Scott

Contributors

Index


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