I have been in the capital market for over 30 years, investing in both liquid and illiquid capital markets including — frontier markets. Volatility and illiquidity creates both risks and opportunity in every market — across frontier, and developed including the deep and matured US capital markets. Those of us who have been around for some time are well aware of the fact that in many occasions fundamental and technical drivers in the capital markets diverge materially.
Structural Risks in Open End Mutual Funds
In my opinion, being in the industry for over 30 years trading investing in both liquid and illiquid markets globally, unfortunately Bangladesh is not yet ready for Open End Funds due to unintended structural risks. Read more…