An Empirical Study of Regional Mutual Funds’ Diversification Value

This article studies three samples of United States-based regional mutual funds from the Asia-Pacific, Europe, and Latin America, to assess whether higher fund diversification translates into higher diversification values to fund shareholders. To measure mutual funds’ portfolio diversification, we i...

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Bibliographic Details
Main Author: Javier Rodriguez
Format: Article
Language:English
Published: Tuwhera Open Access Publisher 2018-06-01
Series:Applied Finance Letters
Subjects:
Online Access:https://ojs.aut.ac.nz/applied-finance-letters/article/view/80