Globalization of the world economy has increased exposure to international investments, yet equity portfolios in general remain largely home biased today. This may be a good time for participants to reevaluate their asset allocation to see if they may be exhibiting a home country bias— or displaying overly optimistic expectations about the domestic market and/or … Continue reading Portfolio Patriotism — Domestic market optimism or inadvertent asset allocation?
The end of 2016 saw another subpar year in the international equity markets when compared to U.S. equity markets. The MSCI EAFE¹ (NR USD Index²), a proxy for international stocks, finished slightly higher during 2016, up 1.00 percent³. Compare that to the S&P 500⁴ (TR5), a proxy for U.S. stocks, which was up 11.96 percent³ … Continue reading Assessing the International Equity Markets