Investment Funds in the Function of Stimulating Economic Growth and Development

Abstract

Investment funds are one of the generators of economic growth and economic development. They are present in all developed countries of the world, contributing to the establishment of liquidity and macroeconomic stability. For investment funds is often said to have renovated the total financial system of the world. Their function is to encourage savings, the concentration and efficient allocation of capital that is very important for all countries, especially those that are scanty in capital. The future of investment funds industry in Serbia is determined by the further development of capital markets, improvement of legislation, the achievement of macroeconomic and political stability, educating and informing the investing public.