Abstract
Owing to the rapid globalization of equity markets, equity returns from different international markets have become more correlated. This synchronization of markets makes diversification more challenging than ever. The recent popularity of wealth management services, especially in Asia, allows less wealthy individuals to gain access to advanced structured products and alternative investments. While sophisticated portfolio strategies are used to enhance performance, cultural behavior and home-bias must be considered in making international equity investments.
Original language | English |
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Title of host publication | Advances in International Investments |
Subtitle of host publication | Traditional and Alternative Approaches |
Publisher | World Scientific Publishing Co. |
Pages | 75-96 |
Number of pages | 22 |
ISBN (Electronic) | 9789812770363 |
ISBN (Print) | 9789812708625, 9812708626 |
DOIs | |
Publication status | Published - 1 Jan 2008 |
Keywords
- Asset allocation
- ETFs
- International equity
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Economics, Econometrics and Finance(all)