kaal:claim:2811729-020

In the unprecedented low interest rate environment prevailing since 2005, investment managers responded to retail investors reaching for yield by offering unconstrained mutual funds, a product that authorizes absolute return strategies in the fixed income world.

Source quote, verbatim

First, in the unprecedented low interest rate environment that has prevailed since 2005, investment managers have responded to retail investors "reaching for yield" by offering a product (UMFs) that authorizes absolute return strategies in the fixed income world.

From

Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016), IV. Data, p. 35
https://ssrn.com/abstract=2811729 · source PDF

Cite as

Wulf A. Kaal, Unconstrained Mutual Funds and Retail Investor Protection (2016). SSRN: https://ssrn.com/abstract=2811729

Holds when

United States fixed income markets since 2005

Classification

mechanismsupport: argueddefiinnovation

Related claims

extends kaal:claim:2470008-009 The unprecedented growth of the private fund industry combined with the low interest rate environment created ...

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