Search Results

You are looking at 1 - 3 of 3 items for :

  • "nonresident security assets" x
Clear All
International Monetary Fund

nonresident financial entities, not least for tax minimization reasons? 27 . In the experience of the Task Force, national compilers may take various approaches to covering private household sector investment in nonresident securities. One approach is surveying the own account holdings of collective investment funds, for instance, mutual funds and investment trusts, used by households to invest in nonresident securities. Because the household sector has a claim on the fund, and the fund holds nonresident security assets, the compiler is effectively covering household

Venkat Josyula

reasons? 4.23 National compilers may take various approaches for covering private household sector holdings of securities issued by nonresidents. One approach is to survey collective investment funds (e.g., mutual funds and investment trusts) used by households to invest in securities issued by nonresidents. In these cases, the households’ interests are indirect: that is, they are represented by claims on resident funds that directly hold nonresident security assets. A second approach is to survey financial entities, such as custodians who keep in custody securities

International Monetary Fund

holdings of securities issued by nonresidents. One approach is to survey collective investment funds—for instance, mutual funds and investment trusts—used by households to invest in securities issued by nonresidents. In these cases, the households’ interests are indirect—that is, claims on the resident funds that hold nonresident security assets. A second approach is to survey financial entities, such as custodians who hold securities issued by nonresidents for households or fund managers who manage holdings on behalf of households. The next section places these various