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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Bibliographic Details
Main Author: Xiao, Jasmine
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/104
Online Access:Full text available on IMF