Global Financial Crisis and Open-ended investment company: Difference between pages

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(GFC).
(OEIC).  


The Global Financial Crisis usually refers to the global financial crisis starting in 2007/8, following the perturbances in the US property markets in 2006.  
A limited company listed on a stock exchange whose sole aim is to invest in securities issued by other entities.


The GFC is sometimes referred to as the crisis of 2008, or the Great Financial Crisis.
Unlike an investment trust, there is no limitation on the number of shares that can be issued (it is an open-ended structure).




In Europe, especially in the Eurozone, it is often conflated with the 2009 crisis of the Eurozone that was unrelated, but was somewhat accelerated and aggravated by it.
The value of the shares is determined by the OEIC’s underlying assets; however, there is no bid-offer spread.


An important impact for treasurers has been the financial services regulation required by G20 members in the form of Dodd-Frank in the USA, EMIR and CRD in the EU, and similar legislation throughout the G20 members.
OEICs can be the underlying structure for a single fund or the umbrella fund for a family of sub-funds.




== See also ==
== See also ==
* [[Big Bang]]
* [[Bid-offer spread]]
* [[Credit crunch]]
* [[Investment company]]
* [[CRD]]
* [[Investment trust]]
* [[Dodd-Frank]]
* [[Security]]
* [[EMIR]]
* [[Undertaking for collective investments in transferable securities]]
* [[European Fund for Strategic Investments]]
* [[Unit trust]]
* [[eurozone crisis]]
* [[FC]]
* [[Great Depression]]
* [[Great Recession]]
* [[Lehman]]
* [[Turner Review]]


[[Category:Context_of_treasury]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_financial_management]]
[[Category:The_business_context]]
[[Category:Financial_risk_management]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 15:19, 10 December 2021

(OEIC).

A limited company listed on a stock exchange whose sole aim is to invest in securities issued by other entities.

Unlike an investment trust, there is no limitation on the number of shares that can be issued (it is an open-ended structure).


The value of the shares is determined by the OEIC’s underlying assets; however, there is no bid-offer spread.

OEICs can be the underlying structure for a single fund or the umbrella fund for a family of sub-funds.


See also

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