Domestic and Foreign Mutual Funds in Mexico : Do They Behave Differently? /

This paper utilizes a new dataset of foreign and domestic mutual funds in Mexico to assess their behavior and obtains three new findings. First, foreign mutual funds are more sensitive to global financial conditions and engage more in herding and positive feedback trading than domestic mutual funds,...

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Dettagli Bibliografici
Autore principale: Xiao, Jasmine
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/104
Accesso online:Full text available on IMF