Читать книгу The Hunt for Unicorns - Winston Ma - Страница 20

Chapter 2 recounts the funds' transition to active investment from their traditional function of simply allocating capital to external fund managers (which left them passive and little-known in the capital markets). The chapter goes on to highlight how they are increasingly active and direct in digital economy investments, collaborating among themselves as they become mature investors. Also in view is their cause/effect impact on the markets, their role in the rise of the unicorns, and the shrinkage of the public equities markets.