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A note on the long-run benefits from international equity diversification for a UK investor diversifying in the US equity market

Kanas, Angelos (1999) A note on the long-run benefits from international equity diversification for a UK investor diversifying in the US equity market. Applied Economics Letters, 6 (1). pp. 47-53. ISSN 1350-4851. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)

Abstract

This note provides evidence that there were long long-run benefits for a UK investor from diversifying in the equity markets of the US during the pre-October 1987 crash period. For the post-crash period, these benefits are reduced. These results are based on two distinct cointegration tests, and national indices from Morgan Stanley Capital International, which have several advantages over standard indices.

Item Type: Article
Subjects: H Social Sciences > HG Finance
Divisions: Faculties > Social Sciences > Kent Business School > Accounting and Finance
Depositing User: Tracey Pemble
Date Deposited: 23 May 2014 09:34 UTC
Last Modified: 29 May 2019 12:37 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/41177 (The current URI for this page, for reference purposes)
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