Publication
Sep 2014
This paper discusses whether there is a need for EU-wide market regulation to protect investors from so-called ”closet trackers” or fund managers who charge higher fees than passive fund managers. The author argues that it is not immediately apparent that market failure exists in relation to closet trackers, nor that regulatory interventions of the kind suggested would lead to improved outcomes for consumers.
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English (PDF, 4 pages, 816 KB) |
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Author | Jean Pierre Casey |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2014 Centre for European Policy Studies (CEPS) |