Financialization of the Management Model of Public Institutional Investors: a Case Study
Lilia Rekik, Frédéric Hanin

This article proposes an analysis of the financialization of public pensions by asset managers through a case study of Canada’s largest. The 2008 fallout is the result of structural changes in the regulation and management of organization. Two elements here are at the core of financialization. First, the new business model was built on a different analysis of the institution’s mission of. Second, the creation of "value added" was expected through the use of interactions between portfolios, facilitated by the development of structured financial products. This case study is also useful to analyze the transformation of the financial sector’s governance structure.

Full Text: PDF     DOI: 10.15640/jibe.v2n3a1