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| Tekijä: | Goetzmann, W.N. Ukhov, A.D. |
| Otsikko: | British investment overseas 1870-1913: a modern portfolio theory approach |
| Lehti: | Review of finance
2006 : VOL. 10:2, p. 261-300 |
| Asiasana: | finance international investments portfolio investment United Kingdom |
| Kieli: | eng |
| Tiivistelmä: | This paper examines British capital exports from 1870 to 1913 using a modern portfolio theory approach. The results of the analysis show that international diversification, due to capital investment abroad, reduced the risk for British investors investing in securities listed in the London stock exchange. |
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