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Globalization of Equity Policy Portfolios
Published in Investments & Wealth Monitor, July/August 2010
Globalization is an irreversible process, not an option. It has been a driving force of economic and financial integration. In recent decades many trade barriers and tariffs have been decreased or eliminated, foreign direct investments have continued to increase year over year,
companies are increasingly producing and selling products abroad, a financial accounting standard has been adopted across more than 100 countries, and capital markets worldwide have become more accessible and efficient for foreign and domestic investors alike.
However, most investors—including U.S. investors—have yet to embrace a global approach in equity allocation. Read the article.

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