Swing Pricing and Fragility in Open-end Mutual Funds /

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....

Полное описание

Библиографические подробности
Главный автор: Jin, Dunhong
Другие авторы: Kacperczyk, Marcin, Kahraman, Bige, Suntheim, Felix
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2019.
Серии:IMF Working Papers; Working Paper ; No. 2019/227
Online-ссылка:Full text available on IMF