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....

Descripció completa

Dades bibliogràfiques
Autor principal: Jin, Dunhong
Altres autors: Kacperczyk, Marcin, Kahraman, Bige, Suntheim, Felix
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2019.
Col·lecció:IMF Working Papers; Working Paper ; No. 2019/227
Accés en línia:Full text available on IMF