Michael Stein
- Magazine
The impact of liquidity
Michael Stein analyses German open-ended fund performance using both NAV and secondary market data to discover how liquidity affects performance
MagazineThe true cost of liquidity
Many investors are locked into frozen funds but have the option of selling on the secondary market at significant discounts. Michael Stein examines the implications for investment performance
MagazineThe true cost of liquidity
Many investors are locked into frozen funds but have the option of selling on the secondary market at significant discounts. Michael Stein examines the implications for investment performance
