Lietuvos investicinių fondų sektoriaus plėtros tendencijos

Abstract

The basis of economical development and one of the most important factors conditioning the growth of the standard of living is an efficiently operating finance system. Under the conditions produced by globalisation when the spectrum of services and financial instruments is widening dramatically, competition between financial institutions is growing and mergers appear, the development of a financial system and its sensitivity to changes in global finance is an actual problem for Lithuania. That is why it is important to improve the activity of the finance system by expanding the network of financial institutions and one of the largest non-banking financial intermediaries in the world -the investment fund. This paper analyses the history and the trends of the Lithuanian investment fund industry development on the ground of European experience.