U.S. Mutual Fund Retail Investors in International Equity Markets : Is the Tail Wagging the Dog? /

Do the dynamics of net flows to U.S. retail mutual funds affect equity returns in emerging markets? The question merits further examination since retail investors in mutual funds can exert a much greater degree of "control" over these funds via cash injections or redemptions at any time. A...

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Autor principal: Chan-Lau, Jorge
Altres autors: Ong, Li
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2005.
Col·lecció:IMF Working Papers; Working Paper ; No. 2005/162
Accés en línia:Full text available on IMF