Unexploited Gains From International Diversification: Patterns Of Portfolio Holdings Around The World
Using unique data on mutual fund portfolios with different investment scopes, we study the extent of international diversification. Mutual funds invest in a surprisingly limited number of stocks-about 100. The number of holdings from a given region declines as the investment scope broadens. Moreover...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
MIT Press,
2014-03-24T15:04:34Z.
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| Subjects: | |
| Online Access: | Get fulltext |