The Pricing of Emerging Market Country Funds
This paper provides an analysis of the equilibrium pricing of closed-end country funds (CECFs) from emerging and nascent markets under the condition of segmented capital markets, where an investment company acquires a set of eligible securities from the home country to form a CECF and issues shares...
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Main Authors: | EUN, C. S., Janakiramanan, Sundaram, Senbert, Lemma W. |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2002
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/1932 https://doi.org/10.1016/S0261-5606(02)00025-6 |
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Institution: | Singapore Management University |
Language: | English |
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