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Investment funds are highly connected with each other, but also with the broader financial system. In this paper, we quantify potential vulnerabilities arising from funds' connectedness. While previous work exclusively focused on indirect connections (overlapping asset portfolios) between...
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the manner of a decision-making process within a governance system. The technological characteristics of blockchain … and governance. Unlike classic centralised database systems, DLTs have no one central point of "ownership" of any of the … system's infrastructure or data. In this piece of exploratory research, we propose applying theories of club governance to …
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