The Effect of Different Corporate Market Capitalizations in International Portfolio Strategy in Eleven Asian Countries

Kuo-Hao Lee

Accounting and Finance Research, 2014, vol. 3, issue 3, 107

Abstract: The study proved that the manners of returns generated from Large-, Mid- and Small- Cap stocks in 11 Asia countries are different and should not be ignored by international portfolio investors. We found that Asian Mid-Cap and Small-Cap markets indices have low correlations with both World market indices and among Cap market indices themselves; while Large-Cap funds have high correlations including amongst each other. Investors can obtain additional gains from international diversification if they consider including Mid- and Small-Cap stocks in their portfolio in Asian countries.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.sciedupress.com/journal/index.php/afr/article/download/5275/3096 (application/pdf)
https://www.sciedupress.com/journal/index.php/afr/article/view/5275 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jfr:afr111:v:3:y:2014:i:3:p:107

Access Statistics for this article

More articles in Accounting and Finance Research from Sciedu Press Contact information at EDIRC.
Bibliographic data for series maintained by Sciedu Press ().