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Exact(45)
Other things being equal, Professor Stambaugh says, you would probably lower your portfolio allocation to stocks.
"Today, there is a greater inward look at the region, a tendency to rethink portfolio allocation".
More important, investors have historically shown a "home bias" in their portfolio allocation.
America's current-account deficit today may be driven mainly by shifts in international portfolio allocation.
When the market was roaring in 1999, Mr. Biggs recommended a portfolio allocation of 65percentt equities.
The basic investment policy statement puts on paper answers to your questions about objectives, return expectations, risk tolerance, time horizon and portfolio allocation.
Similar(12)
He said there has been "more hand-holding in investment strategies, and portfolio allocations".
The study should also have the effect of shifting the optimal portfolio allocations among various foreign markets.
By any measure, these are very large portfolio allocations to investments that do not trade on an exchange.
He has kept the vast majority of his clients' portfolio allocations intact, though he did have a few clients who balked.
The authors describe the process in this way: "Global funds substantially alter portfolio allocations in emerging markets in response to funding shocks from their investor base".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com