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Doctoral thesis of Philosophy: A study of the causes and implications of managed fund mergers and liquidations
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The impacts of fund mergers and liquidations are significant as the managed funds industry continues to evolve. This thesis fills a much needed gap in the managed funds literature through providing insight into causes and implications of mergers and liquidation of managed funds. The thesis explores this through a number of aspects. Firstly, the thesis develops a framework for conceptualising the causes of managed funds termination and describes the differences between strategic mergers, distressed mergers and liquidations.
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