巴西股票共同基金的国际多元化：对新兴和发达国家资产配置的理解

Q3 Business, Management and Accounting Latin American Business Review Pub Date : 2019-09-18 DOI:10.1080/10978526.2019.1661780

Janaína Cássia Grossi, R. Malaquias

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引用次数: 1

摘要

摘要本文旨在研究共同基金在新兴市场和发达市场资产的国际多元化战略与基金业绩和风险之间的关系。从我们的数据分析中，我们能够勾勒出共同基金国际多元化的全景。目前，多元化程度较低，主要集中在美国股市。实证发现表明，国际多元化在增加回报和降低风险方面有一定的好处，尤其是对持有发达市场股票的巴西共同基金来说。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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International Diversification in Brazilian Equity Mutual Funds: Understanding Asset Allocation to Emerging and Developed Countries

Abstract The aim of this article is to investigate the relationship between mutual fund international diversification strategy in assets from emerging and developed markets, and fund performance and risk. From our data analysis we are able to sketch a panorama of the international diversification of mutual funds. Currently, diversification is low and concentrated in US stocks. The empirical finding suggests there are certain benefits to international diversification in terms of increased returns and reduced risk, especially for Brazilian mutual funds holding developed market stocks.

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来源期刊

Latin American Business Review Business, Management and Accounting-Business and International Management

CiteScore

2.40

自引率

0.00%

发文量

期刊介绍： Latin American Business Review is a quarterly, refereed journal which facilitates the exchange of information and new ideas between academics, business practitioners, public policymakers, and those in the international development community. Special features of the journal will keep you current on various teaching, research, and information sources. These activities all focus on the business and economic environment of the diverse and dynamic countries of the Americas.