This Policy Note focuses on distribution channels, the role they play in product diversification and costs, and how regulation can promote competition in mutual funds (MFs) distribution. In many emerging market economics (EMEs) where both the capital markets and the MFs have reached certain level of development, distribution channels are dominated by banks and their groups. This dominance in turn allows them to keep a "closed architecture" and to...
انظر المزيد
تفاصيل
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2017/11/01
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ورقة عمل
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129288
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1
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1
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2018/8/07
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Disclosed
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Promoting competition in the distribution of mutual funds : lessons for securities markets regulatory authorities in emerging market economies
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securities regulatory authority