Publication
Mar 2013
Investors diversify their portfolios to boost returns and manage risk. However, the benefits of diversifying across geographic regions are reduced if markets are highly correlated. This paper examines trends over the past two decades and finds that regional indices have become increasingly correlated with the S&P 500 index.
Download |
English (PDF, 20 pages, 483 KB) |
---|---|
Author | Todd Moss, Ross Thuotte |
Series | CGD Working Papers |
Issue | 316 |
Publisher | Center for Global Development (CGD) |
Copyright | © 2013 Center for Global Development (CGD) |