[HTML][HTML] Complements or substitutes? The effect of ETFs on other managed funds
We examine the complementary and substitute effects of exchange-traded funds (ETFs) and
two other investment vehicles: mutual funds (MFs) and closed-end funds (CEFs). Focusing …
two other investment vehicles: mutual funds (MFs) and closed-end funds (CEFs). Focusing …
Deviations from fundamental value and future closed-end country fund returns
Purpose This article examines whether deviations from fundamental value or closed-end
country fund's discounts or premiums forecast future share price returns or net asset returns …
country fund's discounts or premiums forecast future share price returns or net asset returns …
Competition Effects of a New Asset on a Similar Existing Asset in the Same Market: The iShares Versus the Closed-End Country Fund
PJ Tsai, CC Ho, PS Tsai - Review of Pacific Basin Financial Markets …, 2022 - World Scientific
The study examines an old but unique event from a new perspective and provides important
insights to the financial literature. The result suggests that the competition from the later …
insights to the financial literature. The result suggests that the competition from the later …