IIF shines spotlight on mutual funds & exchange-traded funds

Tokyo

IN a move designed to help avert the danger of systemic financial crises, the Institute of International Finance (IIF) in Washington has begun to monitor and report on emerging trends in asset allocation of two major classes of global investors: mutual funds, and exchange- traded funds (ETFs).

The exercise by the IIF - which speaks on behalf of many of the world's leading banks and other financial institutions - covers advanced and emerging markets (EM) and comes at a time when equity markets in many economically advanced countries are touching new highs while emerging markets are highly volatile.