search query: @author Harvey, C. / total: 11
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| Author: | Harvey, C. |
| Title: | Predictable risk and returns in emerging markets |
| Journal: | Review of Financial Studies
1995 : FALL, VOL. 8:3, p. 773-816 |
| Index terms: | PREDICTION THEORY RISK MARKETS |
| Language: | eng |
| Abstract: | The emergence of new equity markets in Europe, Latin America, Asia, the Mideast and Africa provides a new menu of opportunities for investors. These markets exhibit high expected returns as well as high volatility. Importantly, the low correlations with developed countries' equity markets significantly reduces the unconditional portfolio risk of a world investor. Emerging market returns are more likely than developed countries to be influenced by local information. |
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