Evolution and Growth of Mutual Funds in Ghana

Collective investment schemes (CISs) have grown in popularity and attention over the last 30 years and this trend is expected to continue tremendously. At the end of 2020, the world’s mutual fund industry had US$ 63.1trillion in total net assets (Investment Company Fact Book, 2020), a significant growth from US$ 24.7 trillion in 2010. The United States and Europe are the largest regulated fund markets with 29.3% and 21.8% respectively...