Swing pricing and fragility in open-end mutual funds
How to avert fragility in 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...
Main Authors: | , , , |
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Format: | Journal article |
Language: | English |
Published: |
Oxford University Press
2021
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