Author

Nathaniel Rea

Publication Date

1-1-2007

Document Type

Dissertation/Thesis

First Advisor

Jensen, Gerald R.

Degree Name

B.S. (Bachelor of Science)

Department

Department of Finance

Abstract

As globalization increases more attention has moved to foreign markets as investors look for additional gains and diversification. Emerging markets are popular because of the low correlation with other assets. Many investors expect higher returns from emerging markets due to the high risk attracted to them. When the correlation, mean return, standard deviation, and coefficient of variation emerging and other foreign assets are compared to other assets investors can determine what investment style will fall in line with the risk they are willing to take. The data from 1988-2006 shows that correlation between foreign equities has become more correlated over time, which will lower the diversification benefits of investing in them.

Extent

11 pages

Language

eng

Publisher

Northern Illinois University

Rights Statement

In Copyright

Rights Statement 2

NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.

Media Type

Text

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