Dunne, Peter G.; Emter, Lorenz; Fecht, Falko; Giuliana, … - 2024
We study the role of liquidity management tools (LMTs) in mitigating financial fragility in investment funds during the COVID-19 market distress. We employ a unique dataset that reports the availability of different types of LMTs in a sample of Irish-domiciled corporate bond funds. We find that...