1774-Adriaan van Ketwih creates investment trust for investors limited capital in Netherlands called Eendragt Maakt Magt ("unity creates strength.")

 1822-King William I of the Netherlands launches closed-end investment companies.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.