Exchange-traded funds have traditionally been perceived as vehicles combining the diversified exposure of mutual funds with the low-cost, flexibility, ease and liquidity of trading enjoyed by publicly listed stocks, while also offering lower-expense ratios and better tax-efficiency relative to mutual funds.
Professor of Finance, EDHEC Business SchoolDirector, EDHEC-Risk Institute
Director, EDHEC Risk Institute-Asia
Head of Applied Research, EDHEC-Risk Institute
Senior Research Engineer, EDHEC Risk Institute-Asia
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|Research Cluster :||Finance|