Morningstar’s latest Global Investor Experience study compares how regulation and taxation policies impact the investor experience across 26 different markets.
In the decade following the global financial crisis, market regulation focused on protecting investors has generally continued to provide robust fund markets that help individuals invest safely for their future. More recently, however, international policymakers have been shifting their focus onto environmental, social, and governance (ESG) factors.
This trend was one of the top findings from the Regulation and Taxation chapter of the latest Global Investor Experience Study, which evaluates the environment for mutual fund investors in markets around the world. As shown below, the highest overall scores went to the Netherlands, Sweden, and the United Kingdom, while the lowest went to Australia, Canada, China, Japan, New Zealand, and the United States. None of the markets we evaluated yielded a bottom grade, as they all achieve basic protections for investors.