Blockchain Technology in Fund Management

Fiergbor, David Doe

doi:10.1007/978-981-13-2035-4_27

Cited by 9 publications

(10 citation statements)

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“…Mutual Funds are investment instruments that pool resources of like-minded investors into a common professionally managed portfolio intending to buy securities to create wealth for investors [6] . Mutual funds are flexible investment schemes that are made public to the general public and are also classified as open-ended.…”

Section: Mutual Fundsmentioning

confidence: 99%

“…Mutual funds are managed by professional fund managers, who invest the fund's money to create income and capital gains for the unit holders of the fund. Mutual funds allow investors to pool their investments together to participate in a larger and diversified portfolio [6] .…”

Section: Mutual Fundsmentioning

confidence: 99%

“…Mutual funds' investments avoid the usual restrictions on individual investments. This would increase their ability to diversify and lower the costs of buying and selling shares [6] . The proportion of tradable shares possession has inhibitory effect toward the rate of return as the current managerial fees and previous managerial fees affect the funding rate of return positively [27] .…”

Section: Mutual Fundsmentioning

confidence: 99%

“…Fiergbor [6] , opined that mutual funds managers diversify their activities in the following areas; Portfolio management services, Management of offshore funds, providing advice to offshore funds, management of pension or provident funds, management of venture capital funds, management of money market funds and management of real estate funds.…”

Section: Mutual Fundsmentioning

confidence: 99%

“…There are numerous prospects for the financial industry in emerging markets such as Ghana. With the discovery of oil and other mineral deposits that propelled Ghana as the gold hub in sub-Sahara Africa, there are positive economic prospects for the capital market [6] . Since some mutual funds invest in the capital and money markets, with proper personal financial planning, financial independence is eminent in the future for the lay investor.…”

Section: Introductionmentioning

confidence: 99%

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Mutual Funds in Emerging Markets; Prospects for Personal Financial Planning

Fiergbor¹

2020

GES

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Globalization has mammoth divergent opportunities that are distinct in promoting economic changes in emerging markets. These include but not limited to trade, foreign direct investments, short-term capital flows, knowledge and movements of labour. The prospects for financial sectors in emerging markets are great. The capital market opens up to new investments that tend to boost overall economic performances. The occurrence has been impelled by technical change, denationalization in emerging markets, the deregulation of the financial markets in industrial countries, increased in institutional investors in developed economies and macroeconomic and trade reforms have portrayed emerging markets more attractive. These amounted to various opportunities for the financial industry in emerging markets. With several natural resources such as oil and other mineral deposits, developing countries mostly within the African region emerge with positive fiscal projections for the capital market. Since some mutual funds invest in the capital and money markets, with proper personal financial planning, financial independence is eminent in the future for the lay investor. Mutual funds have the potential for higher yield with minimum risk as compared to some other risky investment schemes such as forex trading. Professional fund management and easy liquidity of assets are some advantages of investing in mutual funds. However, investment yields on mutual funds are not guaranteed as fund assets are invested in shares, bonds, and stocks which may have fluctuating market price movements. Randomly selected invested capitals were computed using simple expected future value formula. The result indicated higher returns potential on investments in mutual funds in the long run. It was therefore concluded that there is enormous opportunities for wealth creation in investing in mutual funds in emerging markets which is ideal for personal financial planning.

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Section: Mutual Fundsmentioning

confidence: 99%

Section: Mutual Fundsmentioning

confidence: 99%