U.S. Mutual Fund Retail Investors in International Equity Markets : Is the Tail Wagging the Dog? / Jorge Chan-Lau, Li Ong.

Do the dynamics of net flows to U.S. retail mutual funds affect equity returns in emerging markets? The question merits further examination since retail investors in mutual funds can exert a much greater degree of "control" over these funds via cash injections or redemptions at any time. A...

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Online Access: Full Text (via IMF e-Library)
Main Author: Chan-Lau, Jorge
Other Authors: Ong, Li
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF working paper ; WP/2005/162.

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