Plain-vanilla investment products such as mutual funds and exchange-traded-funds can pose financial stability risks, notes IMF report. In its April 2015 report on “The Asset Management Industry and Financial Stability”, the IMF notes oversight of asset management industry should be strengthened, with better microprudential supervision of risks and through the adoption of macroprudential orientation. Asset management industry intermediates $76 trillion assets According to the IMF report, in advanced economies, the asset management industry has been playing an increasingly significant role in the financial system, especially through enhanced credit intermediation by bond funds. The report notes globally, the industry now intermediates…
Systemic Risks In Mutual Funds And ETFs: IMF Report
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports