search query: @indexterm entry conditions / total: 180
reference: 5 / 180
| Author: | Ramos, S.B. |
| Title: | The size and structure of the world mutual fund industry |
| Journal: | European Financial Management
2009 : JAN, VOL. 15:1, p. 145-180 |
| Index terms: | financial markets competition entry conditions international |
| Freeterms: | mutual fund industry |
| Language: | eng |
| Abstract: | Using a database of more than 50,000 mutual funds, this paper analyzes the mutual fund industry for 20 countries. It is suggested that more developed industries provide more benefits to investors as they diversify more internationally, charge lower annual charges and present more product sophistication. There are also important policy implications by emphasizing the role of competition and contestability in industry development. Fewer barriers to entry are positively linked with a larger industry etc. |
SCIMA