M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Background to this surge in ETF liquidations: Conditioned by years of ample and predictable injection of liquidity by central banks, investors ventured far in their quest for returns. Some asset managers responded by offering them easier access, including ETFs on inherently illiquid asset classes. #ETFs #ETF #economy #markets #centralbanks #liquidity #volatility
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