An Empirical Study on the Closed-end Funds Puzzle:
The Case in China's Mutual Funds Market

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An Empirical Study on the Closed-end Funds Puzzle: The Case in China's Mutual Funds Market

It is considered as an anomaly that closed-end funds are often traded at discounts by the efficient market hypothesis (EMH) theory. This puzzle includes four pieces which together capture the life cycle of a closed-end fund. There are many empirical studies related to this field, but the theories ha...

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Bibliographic Details
Main Author:	Yang, Liu
Format:	Dissertation (University of Nottingham only)
Language:	English
Published:	2007
Online Access:	https://eprints.nottingham.ac.uk/21292/

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