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...

詳細記述

書誌詳細
第一著者: Arslanalp, Serkan
その他の著者: Tsuda, Takahiro
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2015.
シリーズ:IMF Working Papers; Working Paper ; No. 2015/263
オンライン・アクセス:Full text available on IMF