The World Is Not Enough? Expanding the Boundaries of International Equity Indices for International Investing
categories: Investing (Investment Management), Equities, Research Paper, Indexes, KUMAR Arun, general
This paper focuses on the historical diversification benefits of an international allocation and highlights MSCI ACWI IMI and the implications of expanded coverage for international investors along two dimensions: risk-return and international diversification. It also discusses advantages of ACWI IMI as a strategic benchmark.