Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JWM
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • LinkedIn
  • Twitter

User menu

  • Sample our Content
  • Subscribe Now
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
The Journal of Wealth Management
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Subscribe Now
  • Log in
The Journal of Wealth Management

The Journal of Wealth Management

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JWM
    • Editorial Board
    • Published Ahead of Print (PAP)
  • LinkedIn
  • Twitter
Article

Is the West’s Money Really Diversified in the East?
A Closer Look at Portfolio Diversification
Benefits in Asia

Guntur Anjana Raju and Harip Rasulsab Khanapuri
The Journal of Wealth Management Winter 2010, 13 (3) 25-37; DOI: https://doi.org/10.3905/jwm.2010.13.3.025
Guntur Anjana Raju
is an associate professor in the Faculty of Commerce at Goa University in Goa, India.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: rajuanjana@rediffmail.com
Harip Rasulsab Khanapuri
is an assistant professor in the Department of Accountancy at the S.S. Dempo College of Commerce and Economics in Goa, India.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: rk.arif@gmail.com
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.
Don’t have access? Sign up today to begin your trial to the PMR platform 

Abstract

The financial crisis and the lackluster domestic equity markets coupled with substantially low interest rates have made the wealthy West shift its focus on emerging markets and in particular Asia. Global wealth managers are highlighting the returns in emerging markets to attract the high net worth investors in the West and providing them access to this asset class. While Western money moves to the East in the hope of high returns, it is necessary to evaluate whether these returns and the investment itself are safer in distant territories. Empirical evidence has established the fact that the U.S. exerts significant influence on developed and emerging markets on account of its dominant position in international economy and trade. Further, the individual economies of regions like Asia have started showing signs of economic integration. A direct implication of this could be that returns in Asian stock markets will get significantly affected by developments in the U.S. or Asia region itself, thereby diluting the portfolio diversification benefits. This article examines this issue by studying the extent to which individual stock markets in Asia are integrated with the U.S. and other markets in the region. The findings of the study can help in deciding optimal asset allocation strategy within the region.

  • © 2010 Pageant Media Ltd
View Full Text

Don’t have access? Register today to begin unrestricted access to our database of research.

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Wealth Management: 13 (3)
The Journal of Wealth Management
Vol. 13, Issue 3
Winter 2010
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Wealth Management.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Is the West’s Money Really Diversified in the East? A Closer Look at Portfolio Diversification Benefits in Asia
(Your Name) has sent you a message from The Journal of Wealth Management
(Your Name) thought you would like to see the The Journal of Wealth Management web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Is the West’s Money Really Diversified in the East?
A Closer Look at Portfolio Diversification
Benefits in Asia
Guntur Anjana Raju, Harip Rasulsab Khanapuri
The Journal of Wealth Management Oct 2010, 13 (3) 25-37; DOI: 10.3905/jwm.2010.13.3.025

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Is the West’s Money Really Diversified in the East?
A Closer Look at Portfolio Diversification
Benefits in Asia
Guntur Anjana Raju, Harip Rasulsab Khanapuri
The Journal of Wealth Management Oct 2010, 13 (3) 25-37; DOI: 10.3905/jwm.2010.13.3.025
del.icio.us logo Digg logo Reddit logo Twitter logo CiteULike logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • DATA AND METHODOLOGY
    • INFLUENCE OF REGIONAL MARKETS IN ASIA
    • INFORMATION TRANSMISSION SPEED ACROSS ASIAN MARKETS
    • IMPACT OF U.S. MARKET ON ASIAN STOCK MARKETS
    • SPEED OF TRANSMISSION OF INNOVATION BETWEEN U.S. AND ASIAN STOCK MARKETS
    • CONCLUSION
    • ENDNOTES
    • REFERENCES
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar

More in this TOC Section

  • Well-Being Advisers
  • Editor’s Letter
  • Editor’s Letter
Show more Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • LinkedIn
  • Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2021 Pageant Media Ltd | All Rights Reserved | ISSN: 1534-7524 | E-ISSN: 2374-1368

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy