EMERGING MARKETS: WHERE IS THE BENEFIT OF DIVERSIFICA TION?

A number ofstudies provide evidence that diversifying into emerging equity markets provides benefits to portfolio investors. Our findi,ngs, however, document that such benefits are not present for all emerging markets across time. We show that adding emerging market equities to the reference U S por...

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Bibliographic Details
Main Authors: Massoud Metghalchi, Xavier Garza-Gomez, Yung-Ho Chang
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2003-09-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150624153836-ZV1LB.pdf