International portfolio diversification benefits
Author: Maryam Jamei
Publisher:
Published: 2005
Total Pages:
ISBN-13:
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Author: Maryam Jamei
Publisher:
Published: 2005
Total Pages:
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DOWNLOAD EBOOKAuthor: Lawrence Ngiechege Afundoh
Publisher:
Published: 2005
Total Pages:
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DOWNLOAD EBOOKAuthor: Sheldon Novack
Publisher:
Published: 1973
Total Pages: 338
ISBN-13:
DOWNLOAD EBOOKAuthor: Thomas Flavin
Publisher:
Published: 2007
Total Pages: 31
ISBN-13:
DOWNLOAD EBOOKAuthor: Philip J. Molloy
Publisher:
Published: 1990
Total Pages: 139
ISBN-13:
DOWNLOAD EBOOKAuthor: Roberto A. De Santis
Publisher:
Published: 2008
Total Pages: 43
ISBN-13:
DOWNLOAD EBOOKAuthor: Minji Yoo
Publisher:
Published: 2006
Total Pages: 146
ISBN-13:
DOWNLOAD EBOOKAuthor: Francois-Serge Lhabitant
Publisher: Elsevier
Published: 2017-09-26
Total Pages: 276
ISBN-13: 0081017863
DOWNLOAD EBOOKPortfolio Diversification provides an update on the practice of combining several risky investments in a portfolio with the goal of reducing the portfolio's overall risk. In this book, readers will find a comprehensive introduction and analysis of various dimensions of portfolio diversification (assets, maturities, industries, countries, etc.), along with time diversification strategies (long term vs. short term diversification) and diversification using other risk measures than variance. Several tools to quantify and implement optimal diversification are discussed and illustrated. Focuses on portfolio diversification across all its dimensions Includes recent empirical material that was created and developed specifically for this book Provides several tools to quantify and implement optimal diversification
Author: Frans de Roon
Publisher:
Published: 2010
Total Pages: 44
ISBN-13:
DOWNLOAD EBOOKWe examine the relative importance of country, industry, world market and currency risk factors for international stock returns. Our approach focuses on testing the mean-variance efficiency of the various factor portfolios. An unconditional analysis does not detect significant differences between country, industry and world portfolios, nor any role for currency risk factors. However, when we allow expected returns, volatilities and correlations to vary over time, we find that equity returns are mainly driven by global industry and currency risk factors. We propose a novel test to evaluate the relative benefits of alternative investment strategies and find that including currencies is critical to take full advantage of the diversification benefits afforded by international markets.
Author: Daniella Acker
Publisher:
Published: 2016
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKWe investigate the effects of bull and bear markets on correlations between developed and emerging country equity returns, and on the benefits of combining international markets in a portfolio. Contrary to most other studies we find that correlations fall in both bull and bear markets, although far more in the former; that emerging markets provide both additional diversification benefits for investors in developed markets and, especially, some protection during bear markets.