Alternative funds play key role in spreading shocks – study

Network

Alternative investment funds were the most likely to spread shocks to other parts of the financial system during Covid-19 market stresses, a study by the European Securities and Markets Authority finds.

The work by Massimo Ferrari, Monica Gentile and Antoine Bouveret, published in Esma’s latest risks report, investigates contagion in the European fund industry. The authors divide funds up according to whether they are net receivers or transmitters of shocks.

The results show mixed and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: