ECB paper sets out stress tests for investment funds
Close to 6% of eurozone-based equity funds and 0.5% of bond funds could go into liquidation in a scenario similar to the global financial crisis, says research published by the European Central Bank.
In Investment funds under stress, Régis Gourdel, Eduardo Maqui, Matthias Sydow study the resilience of these market participants. They present a model for stress-testing investment funds, based on a broad worldwide sample of primary open-end equity and bond funds. Their scenario and results are
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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Investment
Canada proposes ban on foreign investors buying houses
Hot housing market is adding to domestic inflation’s record highs
IMF officials warn of high-risk asset sell-off
Investment in emerging markets could be hit by over-aggressive tightening, economists say
Evolving investment activities with ETFs
BlackRock‘s Crystal Wan, Andrew Mackenzie and Pablo Arteaga examine the exchange-traded funds market from the perspective of central banks seeking the tools to achieving their financial goals
Hong Kong’s Exchange Fund reports record loss in first quarter
State fund’s assets lose $11 billion and investment chief warns of further losses
MMFs lower risky investments in low-rate environment – paper
After a 1% rate cut, money market funds decrease risky investments by 25 percentage points
China tightens scrutiny of outbound investments
Regulators are looking to restrict and control outbound investments
Capital deepening ‘virtually absent’ in US and eurozone – ECB
US and eurozone have seen major falls in net investment, ECB article says
Emerging market fundamentals mean investment still makes sense, says Sarb deputy
South African Reserve Bank deputy governor Daniel Mminele tells investor conference that recent volatility is testimony EMs increased responsiveness to changes in underlying fundamentals