About the Book: Foreign Institutional Investors (FIIS) and Capital Market in
India
One of the major forces changing the face and structure of international capital
markets since 1990s has been the flow of cross-border portfolio
investments-especially by foreign institutional investors (FIIs)-from developed
countries to the developing economies. Portfolio investors provide institutional
character to the capital markets, flavoured by highly intensive research and
diversified investments. FIIs are specialised financial intermediaries managing
savings collectively on behalf of investors, especially small investors, towards
specific objectives in terms of risks, returns, and maturity of claims. FIIs
make investments in various countries to provide a measure of portfolio
diversification and hedging to their assets. The