Triodos Microfinance Fund Audited annual report 2011
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For the countries in our sample, the mutual fund industry comprises 16.8% of the primary financial
assets, on average, with a median of 4.3%. As we discuss in more detail subsequently, two countries are
substantial outliers -- the fund industries in Luxembourg and Ireland account for 484% and 82% of their
country’s primary assets. We treat these two extreme observations with some care in our work. The
naïve inclusion of these countries in multivariate analyses can produce misleading results, but given that
these are two interesting data points in our analysis, it would ...
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Triodos Microfinance Fund Audited annual report 2011
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Triodos Microfinance Fund Audited annual report 2011
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