Co-Insurance in Mutual Fund Families

  • Goncalves-Pinto L
  • Schmidt B
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Abstract: We argue that cross-trading within mutual fund families can decrease the costs associated with asset fire sales. This in turn creates an incentive for fund families to coordinate internal trades in order to support member funds that are in distress. We find ...

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  • Luis Goncalves-Pinto

  • Breno Schmidt

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