Reducing the Poor's Investment Risk: Introducing Bearer Money Market Mutual Shares

The article proposes the creation of a new type of financial instrument, bearer money market mutual fund shares, designed to appeal to savers in less developed countries by protecting them from exchange rate risk.

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Year of publication:	2009
Authors:	Wright, Robert
Published in:	Journal of Financial Transformation. - Capco Institute. - Vol. 25.2009, p. 12-14
Publisher:	Capco Institute
Subject:	microfinance \| financial innovation \| bearer mutual shares \| exchange rate risk \| money

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Type of publication:	Article
Classification:	F31 - Foreign Exchange ; G11 - Portfolio Choice ; G15 - International Financial Markets ; G21 - Banks; Other Depository Institutions; Mortgages ; O10 - Economic Development. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004985676