An Empirical Study of Regional Mutual Funds’ Diversification Value
This article studies three samples of United States-based regional mutual funds from the Asia-Pacific, Europe, and Latin America, to assess whether higher fund diversification translates into higher diversification values to fund shareholders. To measure mutual funds’ portfolio diversification, we...
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Format: | Article |
Language: | English |
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Tuwhera Open Access Publisher
2018-06-01
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Series: | Applied Finance Letters |
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Online Access: | https://ojs.aut.ac.nz/applied-finance-letters/article/view/80 |