The Rise of Semiliquid Funds for Retail Investors

Logan E. George

No 2026-10-14, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Investment funds differ in how investors can access their capital. The redemption rules governing how and when investors can withdraw have evolved endogenously in response to shifting investor demand and regulatory constraints. While the immediate liquidity of open-end mutual funds and exchange-traded funds has long dominated the retail market, the landscape has been evolving over time.

Date: 2026-10-14
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.federalreserve.gov/econres/notes/feds- ... estors-20261014.html Full text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:103949

DOI: 10.17016/2380-7172.4114

Access Statistics for this paper

More papers in FEDS Notes from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ; Keisha Fournillier ().