Emerging Market Portfolio Flows : The Role of Benchmark-Driven Investors /
Portfolio flows to emerging markets (EMs) tend to be correlated. A possible explanation is the role global benchmarks play in allocating capital internationally, the so-called 'benchmark effect.' This paper finds that benchmark-driven investors indeed play a large role in a key segment of...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2015/263 |
| Online Access: | Full text available on IMF |