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The Closed End Fund Puzzle

Andrei Shleifer

in Inefficient Markets: An Introduction to Behavioral Finance

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198292272
eISBN:
9780191596933
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292279.003.0003
Subject:
Economics and Finance, Financial Economics

Begins by describing the closed end fund puzzle and enumerating some of the standard accounts that have been used to explain it. Then, applying the model developed in the previous chapter, the author ... More


Non-U.S. Closed-End Funds

Dimitris Andriosopoulos, Mary Fletcher, and Andrew Marshall

in Mutual Funds and Exchange-Traded Funds: Building Blocks to Wealth

Published in print:
2015
Published Online:
November 2015
ISBN:
9780190207434
eISBN:
9780190207465
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190207434.003.0008
Subject:
Economics and Finance, Financial Economics

This chapter reviews research into non-U.S. CEFs focusing particularly on the United Kingdom, which has a well-established and substantial CEF sector. It discusses the current structure and ... More


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