Open-ended funds discourage manager risk-taking, research finds

Suter, Laura
July 2016
Money Marketing (Online Edition);7/13/2016, p1
The article reports on research findings that open-ended fund structure discourage fund managers subjecting them to short-termism of investors. Topics discussed include comparison of open-ended funds with investment trusts and hedge funds; views of Bige Kahraman, associate professor of finance at University of Oxford, on open-end structures; and manager running institutional money tends to be less short-term and less sensitive to investment outflows and less focused on short-term performance.


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