Cross Section of Money Market Fund Risks and Financial Crises

Cross Section of Money Market Fund Risks and Financial Crises PDF Author:
Publisher: DIANE Publishing
ISBN: 1437940013
Category :
Languages : en
Pages : 63

Get Book Here

Book Description

Cross Section of Money Market Fund Risks and Financial Crises

Cross Section of Money Market Fund Risks and Financial Crises PDF Author:
Publisher: DIANE Publishing
ISBN: 1437940013
Category :
Languages : en
Pages : 63

Get Book Here

Book Description


Swing Pricing and Fragility in Open-end Mutual Funds

Swing Pricing and Fragility in Open-end Mutual Funds PDF Author: Dunhong Jin
Publisher: International Monetary Fund
ISBN: 1513519492
Category : Business & Economics
Languages : en
Pages : 46

Get Book Here

Book Description
How to prevent runs on open-end mutual funds? In recent years, markets have observed an innovation that changed the way open-end funds are priced. Alternative pricing rules (known as swing pricing) adjust funds’ net asset values to pass on funds’ trading costs to transacting shareholders. Using unique data on investor transactions in U.K. corporate bond funds, we show that swing pricing eliminates the first-mover advantage arising from the traditional pricing rule and significantly reduces redemptions during stress periods. The positive impact of alternative pricing rules on fund flows reverses in calm periods when costs associated with higher tracking error dominate the pricing effect.

Investment Company Act Release

Investment Company Act Release PDF Author: United States. Securities and Exchange Commission
Publisher:
ISBN:
Category : Mutual funds
Languages : en
Pages : 974

Get Book Here

Book Description


Perspectives on Money Market Mutual Fund Reforms

Perspectives on Money Market Mutual Fund Reforms PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Financial services industry
Languages : en
Pages : 180

Get Book Here

Book Description


Economics of Sovereign Wealth Funds

Economics of Sovereign Wealth Funds PDF Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
ISBN: 1589069277
Category : Business & Economics
Languages : en
Pages : 330

Get Book Here

Book Description
The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapters. The book is organized around four themes: (1) the role and macrofinancial linkages of SWFs, (2) institutional factors, (3) investment approaches and financial markets, and (4) the postcrisis outlook. The book also discusses the challenges facing sovereign wealth funds in the coming years, from an inside perspective on countries, including Canada, Chile, China, Norway, Russia, and New Zealand. Economics of Sovereign Wealth Funds will contribute to a further understanding of the nature, strategies and behavior of SWFs and the environment in which they operate, as their importance is likely to grow in the coming years.

Japan, Europe, and International Financial Markets

Japan, Europe, and International Financial Markets PDF Author: Ryūzō Satō
Publisher:
ISBN: 9780521452281
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
This volume examines the ramifications of deregulation in various financial markets throughout the 1980s.

Pooling Money

Pooling Money PDF Author: Yasuyuki Fuchita
Publisher: Brookings Institution Press
ISBN: 0815701667
Category : Business & Economics
Languages : en
Pages : 151

Get Book Here

Book Description
A Brookings Institution Press and Nomura Institute of Capital Markets Research publication One of the first rules of investing is diversification: spreading resources over many types of investments in order to minimize financial risk. Mutual funds have been the diversification vehicle of choice for the last several decades. In recent years, however, other opportunities for diversification—such as separately managed accounts and exchange-traded funds—have enjoyed rapid growth. What lies ahead for the mutual fund industry in light of this increasingly competitive environment? In this volume, experts from the United States and Japan look at forces of change in their securities markets and offer their views of the future for mutual funds and other forms of securities diversification. Contributors include Harold Bradley (Kauffman Foundation), Koichi Iwai (Nomura Institute of Capital Markets Research),Ajay Khorana (Georgia Institute of Technology),Allan Mostoff (Mutual Fund Directors Forum), Brian Reid (Investment Company Institute), Henri Servaes (London Business School), Paula Tkac (Federal Reserve Bank of Atlanta), and Peter Wallison (American Enterprise Institute).

Asian Perspectives on Financial Sector Reforms and Regulation

Asian Perspectives on Financial Sector Reforms and Regulation PDF Author: Masahiro Kawai
Publisher: Brookings Institution Press
ISBN: 0815722109
Category : Business & Economics
Languages : en
Pages : 338

Get Book Here

Book Description
"Examines Asia's emerging markets, which survived the financial debacle of 2008-09 with only modest declines in growth; discusses activities that could dampen continuing development in these markets including inflation, surging capital inflows, asset and credit bubbles, and rapid currency appreciation; and offers strategies to promote financial stability"--Provided by publisher.

Investor and Industry Perspectives on Investment Advisers and Broker-Dealers

Investor and Industry Perspectives on Investment Advisers and Broker-Dealers PDF Author: Angela A. Hung
Publisher: Rand Corporation
ISBN: 0833045016
Category : Law
Languages : en
Pages : 151

Get Book Here

Book Description
In theory, financial professionals are relatively distinct: A broker-dealer conducts transactions in securities on behalf of itself and others; and an investment adviser provides advice to others regarding securities. Different laws regulate each type of professional, but boundaries have blurred. This report examines current business practices and investor understanding of each type.

The Federal Reserve System Purposes and Functions

The Federal Reserve System Purposes and Functions PDF Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0

Get Book Here

Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.