摘要
针对我国目前开放式基金业面临的巨额赎回所造成的流动性风险,通过对开放式基金的流动性风险成因进行分析,提出防范流动性风险的方法:针对投资者的不同需求,设计多种个性化基金及赎回方式,使开放式基金的负债与资产的流动性和收益性相匹配,达到事前有效防范流动性风险的目的。
Based on an analysis of the liquidity risk of open-end mutual funds, possibly caused by large -scale redemption, this paper puts forward some new methods to contain liquidity risk, via issuing different funds categories with different redemption terms according to the investors＇demand. These methods divide the funds market into small sub-sections and make the debt liquidity be matched with the asset liquidity, thus achieving the goal of liquidity risk prevention.
出处
《国际金融研究》
CSSCI
北大核心
2006年第3期62-67,共6页
Studies of International Finance
关键词
开放式基金
流动性风险
个性化基金
不同赎回方式
Open-end Mutual Funds
Liquidity Risk
Funds Categories
Different Redemption Terms.
