UPDATE 1-ETFs, asset managers at risk from sudden sales over coronavirus – IMF official
Any sudden decision by
investors to sell shares in credit-focused asset managers and
exchange traded funds (ETFs) over concerns about the coronavirus
outbreak could put pressure on the managers to sell their
riskier assets quickly, the director of IMF Monetary and Capital
Markets said on Wednesday.
investors to sell shares in credit-focused asset managers and
exchange traded funds (ETFs) over concerns about the coronavirus
outbreak could put pressure on the managers to sell their
riskier assets quickly, the director of IMF Monetary and Capital
Markets said on Wednesday.
Posted by Reuters
