For each of the following nonbank financial institutions, discuss the main financial service(s) each provides, list and explain the financial instrument(s) each deals with, and list at least three (3) real-world companies.
· Insurance.
· Pension Funds.
· Finance Companies.
· Securities Markets Operations.
· Mutual Funds.
· Hedge Funds.
· Private Equity and Venture Capital Funds.
· Government Financial Intermediation.