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International Mutual Fund Performance U.S. vs. U.K.

John M. Cheney (Department of Finance, College of Business Administration, University of Central Florida, Orlando, FL 32816, USA)
Stanley Atkinson (Department of Finance, College of Business Administration, University of Central Florida, Orlando, FL 32816, USA)
Barrie A. Bailey (Department of Finance, College of Business Administration, University of Central Florida, Orlando, FL 32816, USA)

Managerial Finance

ISSN: 0307-4358

Article publication date: 1 February 1992

Abstract

An increasing number of investors are becoming aware of the benefits of international diversification. Generally, an internationally diversified portfolio of securities will be less volatile than a purely domestic portfolio. The reduction in volatility occurs because the returns on foreign securities are not perfectly correlated with domestic securities. As a result of the perceived benefits, U.S. based international mutual funds and U.K. international investment trusts are becoming more popular with investors.

Citation

Cheney, J.M., Atkinson, S. and Bailey, B.A. (1992), "International Mutual Fund Performance U.S. vs. U.K.", Managerial Finance, Vol. 18 No. 2, pp. 39-48. https://doi.org/10.1108/eb018448

Publisher

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MCB UP Ltd

Copyright © 1992, MCB UP Limited