Essays about: "international portfolio diversification"

Showing result 16 - 20 of 20 essays containing the words international portfolio diversification.

  1. 16. The Euro's Effect on Cross-Border Portfolio Investments in the Eurozone

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Henrik Bergh; Robert Johansson; [2007]
    Keywords : International asset allocation; Cross-border investment; Common currency effect; Gravity model; Euro;

    Abstract : The introduction of the euro as a common currency represented a major step in the ongoing European integration process, with major implications for financial markets. This paper examines to what extent the euro has increased cross-border portfolio investments within the Eurozone, using newly released CPIS data. READ MORE

  3. 17. The attraction of foreign government bonds from the perspective of swedish investors

    University essay from Handelshögskolan vid Umeå universitet

    Author : Erik Machac; Renato Cucurnia; [2007]
    Keywords : government bond; swedish bond market; yield curve; foreign currency risk; hedging; efficient frontier; random walk;

    Abstract : Even though today´s world unwinds on the increasing way of the globalisation, investors are aware of the possibilities the international markets offer and distance is not an issue any more, they are still governed by the “home bias factor“. This phenomenon implies that investors tend to prefer investing in domestic securities rather than entering the global market. READ MORE

  4. 18. Pure-Play Creation: Will Increased Focus on Core Business Lines Unleash Shareholder Value?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jeff Fridberg; Jakob Nylin; [2006]
    Keywords : divestment; quity carve-out; spin-off; diversification discount; conglomerate;

    Abstract : Industrially and globally diversified firms are valued at a discount to a portfolio of pure-play comparable businesses. Hence any firm with non-core activities should be able to unleash shareholder value through elimination of the diversification discount by streamlining the firm through divestments/spin-offs/equity carve-outs. READ MORE

  5. 19. Exchange Rate Risk : From a Portfolio Investors Point of View

    University essay from IHH, Nationalekonomi

    Author : Erik Stålstedt; [2006]
    Keywords : Portfolio; Risk Return; Exchange Rates; Currency Risk; Purchasing Power Parity; Interest Rate Parity;

    Abstract : Due to globalization investors have increasing opportunities to invest on international markets for diversification purposes. This thesis illustrates the added risks of investing internationally due to volatile exchange rates. READ MORE

  6. 20. CURRENCY HEDGED INTERNATIONAL EQUITY INVESTMENTS: FROM THE PERSPECTIVES OF SWEDISH AND AMERICAN INVESTORS

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Erik Arebro; Sanna Tunsbrunn; [2005]
    Keywords : Hedging; Currency risk; Equity indices; Forwards;

    Abstract : Using time-series data for 20 major countries over the period 1993–2004 we examine the risk performance of international equity portfolios with full and reduced amounts of exchange rate exposure. The study is performed from the perspectives of both Swedish and American investors. READ MORE