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The Effect of Different Corporate Market Capitalizations in International Portfolio Strategy in Eleven Asian Countries

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  • Kuo-Hao Lee

Abstract

The study proved that the manners of returns generated from Large-, Mid- and Small- Cap stocks in 11 Asia countries are different and should not be ignored by international portfolio investors. We found that Asian Mid-Cap and Small-Cap markets indices have low correlations with both World market indices and among Cap market indices themselves; while Large-Cap funds have high correlations including amongst each other. Investors can obtain additional gains from international diversification if they consider including Mid- and Small-Cap stocks in their portfolio in Asian countries.

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  • Kuo-Hao Lee, 2014. "The Effect of Different Corporate Market Capitalizations in International Portfolio Strategy in Eleven Asian Countries," Accounting and Finance Research, Sciedu Press, vol. 3(3), pages 107-107, August.
    • Handle: RePEc:jfr:afr111:v:3:y:2014:i:3:p:107
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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