Mutual Fund Investment in Emerging Markets: An Overview
Graciela Laura Kaminsky · Richard K. Lyons · Sergio L. Schmukler
Jan 2001 · World Bank Publications
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How do mutual funds behave when they invest in emerging economies? For one thing, mutual funds' flows are not stable. Withdrawals from emerging markets during recent crises were large, which squares with existing evidence of financial contagion.
How do mutual funds behave when they invest in emerging economies? For one thing, mutual funds' flows are not stable. Withdrawals from emerging markets during recent crises were large, which squares with existing evidence of financial contagion.
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claritywithkb
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March 2, 2020
It is exceptionally well written.
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