Risks and Rewards in Emerging Equity Markets
Abstract
We survey the literature on the risks and rewards in emerging equity markets. Drawing on theoretical and empirical arguments, we assess whether a long-term investor should have a strategic allocation to these markets that deviates substantially from the market capitalisation weights.
Description
This paper was part of the NBIM memo ”On equity investments” (February 2012).
Publisher
Norges Bank Investment ManagementSeries
Discussion note;6/2012Diskusjonsnotat;6/2012
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal