Country, Sector, and Company Factors in Global Equity Portfolios

Indispensible to anyone who is charged with the responsibility of forecasting returns, estimating risk, or structuring efficient portfolios in the global arena, this book is an invaluable reference. Hopkins and Miller combine clear and thorough descriptions of a variety of statistical methods while analysizing four dimensions of global equity portfolios: countries, sectors, industries and companies.

Foreword. Preface. 1. Geography versus Sectors and Industries. 2. The Opportunity from Company and Stock Selection. 3 Countries, Sectors, and Stocks in the Active Portfolio Management. 4. Breadth Considerations. Conclusion. Appendix A. MSCI Global Industry Classification Standard. Appendix B. Regression Technique. Appendix C. Explanatory Power Statistic. Appendix D. Average Characteristics of Countries and Sectors Used in Weighting. References.