Full Description
This book presents the economic foundation of international equity investments providing a practical guide to invest in international equity exchange-traded funds (ETFs). It shows how to gain exposure to foreign stock markets through both theoretical foundations of international diversification and in-depth characteristics of global, regional, country-specific, and international sector/thematic ETFs.
Unlike other books in the field which broadly discuss different aspects of the ETF market, this book explores one specific market segment, offering the first in-depth and state-of-the-art analysis of international equity ETFs and including, in particular, ETFs with global, regional, single-country, and international sector/thematic exposures. The number and variety of such financial instruments are constantly growing. Hence, it seems obvious that there is an urgent need for a book that will help investors who are willing to diversify their portfolios outside the domestic market—in both developed and emerging/frontier markets.
International Equity Exchange-Traded Funds presents a comprehensive review of investment possibilities offered by international ETFs for stock market investors.
Contents
Part I. International Investments.- Chapter 1. The Economics of the International Market; Chapter 2. Portfolio Theory and International Diversification.- Part II. Fundamentals of Exchange-Traded Funds.- Chapter 3. The Basics of Exchange-Traded Funds.- Chapter 4. The Operation and Microstructure of Exchange-Traded Funds.- Part III. International Equity Exchange-Traded Funds.- Chapter 5. Global Equity Exchange-Traded Funds.- Chapter 6. Regional Equity Exchange-Traded Funds.- Chapter 7. Single-Country Equity Exchange-Traded Funds.- Chapter 8. International Sector and Thematic Equity Exchange-Traded Funds.- Part IV. Exchange-Traded Funds Investing: Strategies for International Markets.- Chapter 9. Predicting Country Equity Returns: Data, Methods, and Empirical Evidence.
