Connectedness and spillovers between African and global Islamic equities: implications for portfolio hedging and investment strategies

Despite the surge in interest of international investors in African and Islamic equities as portfolio diversifiers of international equities, surprisingly, little attention has been paid to the diversifying properties of these stocks against each other. Thus, we examine the spillover and connectedne...

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Bibliographic Details

Published in:	Cogent Economics & Finance
Main Authors:	Andrew Phiri, Izunna Anyikwa
Format:	Article
Language:	English
Published:	Taylor & Francis Group 2025-12-01
Subjects:	Islamic equities African equities TVP-VAR connectedness minimum connectedness portfolio (MCoP) approach hedging effectiveness Finance
Online Access:	https://www.tandfonline.com/doi/10.1080/23322039.2025.2459198