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White Paper on Government of Collective Investment Schemes (CIS)

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Abstract

Collective Investment Schemes (CIS) have been one of the most significant developments in financial intermediation during the past few decades. OECD data indicate that CIS assets have been rising sharply as a share of national income and a share of financial assets in most Member countries. In addition to functioning as an effective vehicle for individuals to implement their preferred investment strategies, CIS already play a major role in providing for retirement income. This role is likely to grow in coming years. Overall, the experience of the investing public as well as policy makers has been highly positive. CIS have enabled even fairly small investors to participate in the strong growth of capital markets in the past two decades. CIS make it possible for relatively small...

Suggested Citation

  • Oecd, 2005. "White Paper on Government of Collective Investment Schemes (CIS)," Financial Market Trends, OECD Publishing, vol. 2005(1), pages 137-169.
  • Handle: RePEc:oec:dafkab:5lgmktv8tj5f
    DOI: 10.1787/fmt-v2005-art5-en
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    Cited by:

    1. Jan Jaap Hazenberg, 2012. "Independence and focus of Luxembourg UCITS fund boards," LSF Research Working Paper Series 12-15, Luxembourg School of Finance, University of Luxembourg.
    2. Akaninyene Billy Orok & Enya Gabriel Emori & Itoro Moses Ikoh, 2019. "Collective Investment Fund: An Imperative For The Growth Of The Nigerian Capital Market," Noble International Journal of Economics and Financial Research, Noble Academic Publsiher, vol. 4(4), pages 34-46, April.

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