U.S. Mutual Fund Retail Investors in International Equity Markets : Is the Tail Wagging the Dog?

Is the Tail Wagging the Dog?

U.S. Mutual Fund Retail Investors in International Equity Markets : Is the Tail Wagging the Dog?
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 VAR analysis shows increased discrimination across... READ MORE...

Publication date: August 2005
ISBN 9781451861815
$15.00

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