Changes in the Global Investor Base and the Stability of Portfolio Flows to Emerging Markets /

An analysis of mutual-fund-level flow data into EM bond and equity markets confirms that different types of funds behave differently. Bond funds are more sensitive to global factors and engage more in return chasing than equity funds. Flows from retail, open-end, and offshore funds are more volatile...

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Detalhes bibliográficos
Autor principal: Brandao Marques, Luis
Outros Autores: Gelos, R., Ichiue, Hibiki, Oura, Hiroko
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2015.
Colecção:IMF Working Papers; Working Paper ; No. 2015/277
Acesso em linha:Full text available on IMF