Abstract
The COVID-19 pandemic caused a lockdown of a global scale and subsequent enforcement ofit had an impact in the capital markets, and the Albanian mutual fund industry would not remainan exception. Such crisis put the industry into an unprecedented stress test. This paper usesqualitative research method to identify the challenges that were faced by the mutual fundindustry during the beginning of the pandemic. This includes the fund flow perspective,secondary debt markets, the shifts of regulations and the behavior of investors. The conclusionsthat will be drawn from this study are aimed to help capital market investors and researchers indrawing strategies in the Albanian market during crisis times. Albania is recognized as anemerging economy and during its ongoing stage of development, the COVID-19 pandemiccaused turbulences in the economic stability of the country. With many measures put in motionin order to reduce the impact of the pandemic upon the population, all the sections of theeconomy have been facing disruption. The capital market, likewise, was met with a lot ofchallenges during this period. Although, history has shown that the Mutual Fund (MF) industryhas always bounced back significantly after taking a hit. Considering the impact of the crisis, theregulator, Financial Supervisory Authority (FSA), closely supervised the liquidity to ensure themutual funds would be able to operate in stressful conditions and in the best interest of theinvestor. For this study, a Qualitative research method is applied by using Histographicalresearch approach, regarding the past and present events that are associated with the AlbanianMutual Fund Industry. Furthermore, data from regulator websites, company websites, businessnewspapers in physical and digital forms are used in the study as well as research papers.Moreover, data from financial statements of the Mutual Funds (MFs) has been sourced from thewebsites of Asset Management Companies (AMCs).
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
